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‘El Chapo’ wins his first court victory, as prosecutors detail kingpin’s money laundering operation

February 1, 2017  |  Posted by: JammedUp Staff
‘El Chapo’ wins his first court victory, as prosecutors detail kingpin’s money laundering operation

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Mexican drug lord Joaquin Guzman Loera, better known as ‘El Chapo’ earned his first victory against U.S. prosecutors after a federal district court judge ruled he would be allowed to be physically present for his next court hearing.

As JammedUp reported, the reputed kingpin’s attorneys wrote in a five-page letter requesting the judge allow Guzman appear  in person for his next hearing and future court dates.

The motion was filed after Brooklyn Federal Judge Brian Corgan agreed with prosecutors request to allow ‘El Chapo’ to appear by video conference for his scheduled hearing slated for Feb. 3rd, to “minimize the disruption from physical transportation.”

Joaquin Guzman has remained in solitary confinement under heavy security at the Metropolitan Corrections Center in downtown Manhattan since his extradition from Mexico on January 20th to face charges in Brooklyn Federal Court.

Guzman’s attorneys on Monday asked the judge to reconsider his decision, saying their client was lonely in solitary confinement and having him appear by video would set a dangerous precedent.

El Chapo’ arrived in New York to face charges on Jan. 20th

“His absence from the courtroom would necessarily lead to the public impression that Mr. Guzman is too dangerous to be brought to the courtroom,” Guzman’s attorneys wrote.

On Wednesday, the judge reversed course and agreed with defense attorneys allowing ‘El Chapo’ to attend the hearing in person, The New York Post reported.

Federal prosecutors charged Guzman in a 17-count indictment with drug trafficking, money laundering, conspiracy to commit murder and weapons violations, as the leader of the Sinaloa Federation Cartel, one of the largest criminal enterprises in the world.

Meanwhile, the U.S. Attorney’s Office for the Eastern District Court of New York listed ten companies based in the Mexican state of Baja California that are alleged to have illicitly laundered money for the notorious drug lord in the last decade.

Guzman won his first victory allowing him to appear in person for his next hearing in Brooklyn Federal Court

According to El Universal, prosecutors provided further insight in court documents filed earlier this week, detailing how ‘El Chapo’ allegedly amassed his fortune through a complex money-laundering network, which included renowned companies, restaurants, and car dealerships.

Nine of the companies named in the court filings are located in the northern border state of Baja California, where Guzman’s Sinaloa Federation Cartel established a center of operations since the 1990’s.

Prosecutors said the companies were complicit in “allowing the multi-million dollar enrichment of the Sinaloa cartel.”

Among the companies named by the U.S. Attorney include: Hacienda Cien años, Tijuana cuisine, both Tijuana-based restaurants, ; Copy red, which is an electronic circuit business; Horta Zavala group, a sports marketing company; Ojos Negros Sports Club; Genetics Import-Export; Ranching genetics/ Rancho Alejandra specializing in the ranching industry; and the Car dealerships of Mini Baja California.

If found guilty, Justice Department officials indicated they would seek a life sentence and demand the forfeiture of $14 billion in assets, which prosecutors allege Guzman derived from the illegal sale of narcotics as the leader of the Sinaloa Federation Cartel.

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