US prosecutors seeking US$ 12.7bn from El Chapo

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US prosecutors have said they are seeking a court order that would require Joaquin Guzman, who is better known as El Chapo, to pay $12.7bn in forfeits, after he was jailed in February.

The number represents the total amount of cocaine, marijuana and heroin that Guzman was found guilty of trafficking, multiplied by the average prices of the drugs at the time.

Prosecutors called the amount a “conservative” estimate of the money that Guzman’s business earned him and they pointed to weeks of testimonies from drug suppliers during his trial.

Via Sky News 

 

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