Illegal Mining? Mexican Drug Cartels Diversifying Portfolios, Seeking New Revenue Streams

Article publisher: 
Fox News Latino
Article date: 
17 March 2014
Article category: 
National News
Tags: 
international
Mexico
cartels
Article link: 
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Medium
Article Body: 

Drug cartels in Mexico are no longer being financed by cocaine production or selling crystal meth.

Even cartels have diversified. And nowadays, their biggest cash cow is illegal mining.

Other big moneymakers for groups like the Knights Templar is logging and extortion, said Alfredo Castillo, the Mexican government's special envoy sent to restore the rule of law in Michoacan, the state controlled by the Knights Templar the last several years.

Iron ore "is their principle source of income," Castillo said ...

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