JammedUp News


The crime thats making more money for Mexican cartels than cocaine

October 25, 2016  |  Posted by: JammedUp Staff
The crime thats making more money for Mexican cartels than cocaine

Are you in a legal jam? Find a Lawyer, Bail Bondsman or Private Investigator on JammedUp.

An endangered fish has become the newest financial boom for organized criminal groups in Mexico.

Dubbed aquatic cocaine, a species called “Buche Totoaba” which can be found at the mouth of the Colorado River in Mexicali, can generate more than $60,000 per kilo on the Asian market, where it is sold as an aphrodisiac.

Experts say a single Totoaba bladder can earn a payout of $5,000 in the U.S. and $10,000 in Asia.

After gathering a considerable amount, traffickers are left with only the bladder of the animal, discarding the rest of the body on the beach causing serious environmental pollution problems.

Mexican drug cartels and U.S.-based smugglers transport the animal part across the U.S. border where it is sold illegally on the black market to Asian merchants.

According to La Silla Rota, the Totoaba bladder is used in Asia to develop medical remedies and sophisticated culinary arts with aphrodisiac properties, which makes it an expensive product.

Authorities in the U.S. and Mexico have taken measures to put an end the illegal poaching of the fish.

In 2013, federal authorities charged seven people in separate incidents for the illicit trade of wildlife.

During the same year, Mexican regulators seized an estimated $2.25 million in illegal Totoaba bladders.

The racket has also resulted in violence in Mexico. In June 2014, Samuel Gallardo Castro was allegedly murdered in Baja California by a cartel over a $1 million outstanding fish debt.

“Its aquatic cocaine, two days of fishing can buy a new pickup truck,” Jay Barlow, a marine mammal expert at the National Oceanic and Atmospheric Administration, told the Associated Press.

Get the latest news from the world of crime