Federal and Mexico City officers arrested Bojun “N,” the alleged leader of a money laundering network, and seized cash worth about 43.72 million pesos in Miguel Hidalgo.
Federal and Mexico City officers arrested a man authorities accuse of leading a money laundering network and seized cash worth about 43.72 million pesos during a search of a home in the Miguel Hidalgo borough. The cash consisted of 26,976,000 Mexican pesos and US$920,000, according to the joint statement released.
Investigators identified the property through surveillance and presented evidence to a judge, who authorized the search. The Navy’s Central Naval Region carried it out with the federal Security and Citizen Protection Secretariat, the federal Attorney General’s Office and Mexico City police. Officers reported finding a bill counter, a digital scale, cellphones, documents and immigration credentials, along with suspected drugs, watches, ammunition and vehicles. gob.mx
Authorities identified the man as Bojun “N,” 41, also known as “El Chino.” They allege that the network he led operated in central Mexico City, Tijuana and Cancún and was involved in arms and human trafficking as well as money laundering. Federal security sources, separately reported allegations of extortion against merchants. The joint statement did not name the criminal group the network allegedly served. gabinetedeseguridad.gob.mx
Officers turned Bojun and the seized items over to federal prosecutors. The joint statement did not disclose what charges, if any, prosecutors subsequently brought or whether a judge ordered him held. The cash seizure was documented in the government’s account; whether the funds came from criminal activity remains a question for the investigation.
