Panama News

Money Laundering Links Honduras, Panama and US

Money Laundering Links Honduras, Panama and US

Two Honduran executives allegedly used a Panamanian business and a US bank to pay $2.5 million in bribes, suggesting that banks based in Panama and the United States may be involved in one of the biggest corruption cases in Honduras.

Panama Profile

Panama

Panama

Panama's location connecting Central and South America has historically made it a key transit point in illegal trafficking routes, as well as a refuge and negotiating area for criminal organizations. Its favorable economy and the Colon Free Trade Zone (CFZ)'s booming contraband market have long attracted international money launderers. The country's weak judicial system and high levels of corruption have allowed for transnational networks to make inroads, including Colombian guerrilla groups and Mexican cartels. Panama's pandillas -- local street gangs -- often collaborate with larger drug trafficking organizations, and as the amount of drugs passing through the country has risen over recent years, so has violent crime. Despite being the fastest growing economy in Latin America, the poverty rate remains high.

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Investigations

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How the MS13 Got Its Foothold in Transnational Drug Trafficking

How the MS13 Got Its Foothold in Transnational Drug Trafficking

Throughout the continent, the debate on whether or not the Mara Salvatrucha (MS13) gang is working with or for drug traffickers continues. In this investigation, journalist Carlos García tells the story of how a member of the MS13 entered the methamphetamine distribution business under the powerful auspices...

How the MS13 Tried (and Failed) to Create a Single Gang in the US

How the MS13 Tried (and Failed) to Create a Single Gang in the US

In July 2011, members of the Mara Salvatrucha (MS13) attended a meeting organized in California by a criminal known as "Bad Boy." Among the invitees was José Juan Rodríguez Juárez, known as "Dreamer," who had gone to the meeting hoping to better understand what was beginning to...

The MS13 Moves (Again) to Expand on US East Coast

The MS13 Moves (Again) to Expand on US East Coast

Local police and justice officials are convinced that the Mara Salvatrucha (MS13) has strengthened its presence along the East Coast of the United States. The alarm follows a recent spate of violence -- of the type not seen in a decade -- which included dismembered bodies and...

Guatemala's Mafia State and the Case of Mauricio López Bonilla

Guatemala's Mafia State and the Case of Mauricio López Bonilla

Former Guatemalan Interior Minister Mauricio López Bonilla -- a decorated war hero and a longtime US ally -- finds himself treading water amidst a flurry of accusations about corruption and his connections to drug traffickers. López Bonilla is not the most well-known suspect in the cases against...

The Lucky ‘Kingpin’: How ‘Chepe Diablo’ Has (So Far) Ridiculed Justice

The Lucky ‘Kingpin’: How ‘Chepe Diablo’ Has (So Far) Ridiculed Justice

José Adán Salazar Umaña is the only Salvadoran citizen currently on the US government's Kingpin List. But in his defense, Salazar Umaña claims is he is an honorable businessman who started his career by exchanging money along the borders between Guatemala, El Salvador and Honduras. He does...

'MS13 Members Imprisoned in El Salvador Can Direct the Gang in the US'

'MS13 Members Imprisoned in El Salvador Can Direct the Gang in the US'

Special Agent David LeValley headed the criminal division of the Federal Bureau of Investigation's (FBI) Washington office until last November 8. While in office, he witnessed the rise of the MS13, the Barrio 18 (18th Street) and other smaller gangs in the District of Columbia as well...