Mexico City, Mexico — Mexico City police have arrested the leader of a money laundering network connected to Cancun. During the Tuesday night arrest, authorities reported seizing the equivalent of over 43 million pesos in cash.
On Wednesday, the Mexican Navy Secretariat said more than 43 million pesos in cash was seized, including national Mexican currency and U.S. dollars, in addition to vehicles, drugs and various pieces of evidence during the arrest of Bojun “N”, alias “El Chino”.
Bojun “N” was captured due to intelligence and investigative work to combat the financial structures of organized crime and arrest generators of violence.
His capture was possible due to work by Mexico’s Secretariat of the Navy (Marina), the Secretariat of Security and Citizen Protection (SSPC), the Attorney General of the Republic (FGR) and the Secretariat of Citizen Security (SSC) of Mexico City.
Authorities said they executed a search warrant in the Miguel Hidalgo borough of Mexico City where they arrested Bojun “N”, alias “El Chino”, identified as the leader of a money laundering network linked to a criminal group.
“As a result of the investigations, it was identified that the detainee allegedly headed a network related to money laundering, arms trafficking and human trafficking, with a presence in the central area of Mexico City, Tijuana, Baja California, and Cancun, Quintana Roo,” they reported.
Based on this information, agents carried out fixed, mobile and follow-up surveillance through which they identified a property related to the illicit activities. Police obtained sufficient evidence that resulted in a judicially-issued search warrant.
An interagency operation was carried out at a residence in the Miguel Hidalgo borough resulting in the arrest of 41-year-old Bojun “N”.
During the operation, authorities seized $920,000 USD and 26,976,000 pesos in cash, totaling approximately 43,720,000 pesos. Police also seized cell phones, documents, various immigration credentials, drugs, a banknote counting machine, watches, ammunition, and vehicles.
The 41 year old detainee was informed of his legal rights and, along with the seized objects and resources, was placed at the disposal of the Federal Public Prosecutor, who will continue with the corresponding investigations.
