A Mexican drug cartel’s largest customer base is in the United States, and so much of its revenue is in U.S. dollars. Being a cash business, the next step is to get the money into Mexico and converted to pesos.
As with food and toilet paper, the drug supply chain has also been disrupted by COVID-19. The price of methamphetamines has doubled in just a few months. And the cash has been piling up, literally. The problem is that the pandemic has also messed up the money-laundering business.Continue reading “Another Business Battered by Coronavirus”