Press Release
Explosive new evidence has emerged linking Mexican billionaire Ricardo Salinas Pliego to a transnational narcotics money laundering network. The operation reportedly involves fentanyl proceeds, political bribery payoffs, and cross-border shell companies, with U.S. based platforms Purpose Financial Inc. and Remitly facilitating illicit transfers into Banco Azteca.
According to investigators, Salinas effectively operates as a foreign narcotics kingpin, fulfilling the criteria for designation under the U.S. Foreign Narcotics Kingpin Designation Act (Kingpin Act). He allegedly used Banco Azteca, Purpose Financial (Advance America), and Remitly to move billions in illicit narcotics proceeds.
Illicit Funds Flow: Step by Step
Investigators outline the laundering process:
1. Narcotics Supply – Fentanyl and synthetic opioids smuggled into the U.S.
2. Cash Proceeds – Drug sales generate large volumes of U.S. currency.
3. Initial Injection – Cash enters the system via Purpose Financial, then flows to Banco Azteca, both under Salinas’s control.
4. Structured Remittances – Remitly sends money to Mexico in small amounts to avoid detection.
5. Bank Reception – Banco Azteca receives funds without flagging suspicious activity.
6. Access by Salinas – Salinas withdraws or controls the funds through affiliated accounts.
7. Distribution to Shell Companies – Funds are dispersed across 30+ Salinas-controlled entities.
8. Bitcoin Conversion – Illicit funds are converted to Bitcoin to evade asset seizure by authorities.
Withdraw your funds. Demand accountability. Do not finance bloodstained money.
