Inside Segalmex’s 15 Billion-Peso Embezzlement Scandal
While founded with the positive intention of supplying low-income Mexican families with affordable food resources, Segalmex soon became embroiled in scandal
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On the Mark: Mexican Soccer Fans Defrauded of over 1 Million Pesos in Facebook Scam
By MARK LORENZANA With only a month to go until the 2022 FIFA World Cup opens in November, hundreds of Mexican soccer fans are looking for a way to fulfill their dream of watching the Mexican National Soccer Team in a packed stadium in Qatar and, perhaps, enjoy some sightseeing on the side. Some unscrupulous and shady characters, however, haven
Read moreUS Reportedly Losing Faith in Ambassador to Mexico Salazar
By KELIN DILLON On Tuesday, July 5, an editorial by the New York Times’ Natalie Kitroeff and Maria Abi-Habib revealed that the United States has purportedly lost faith in its appointed ambassador to Mexico, Ken Salazar, and reportedly believes that the diplomat has exhibited a repeated pattern of favoring Mexico and Mexican President Andrés Manuel López Obrador’s (AMLO) policies over
Read moreAMLO Asks UIF to Investigate Nieto’s Financial Assets
By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López Obrador (AMLO) said Wednesday, Dec. 8, that the country’s Public Function Secretariat (SFP) should investigate the accumulation of assets of the Treasury Secretariat’s (Hacienda) former head of the Financial Intelligence Unit (UIF), Santiago Nieto, who in 25 months acquired four properties and a car worth at least 40 million
Read moreFake Job Placement Firm Leaves Applicants Grounded
By JESSICA GUERRERO MORELIA, Michoacán — One aspect of the covid-19 pandemic and its subsequent global economic that has universal impacted countries around the world is worker desperation. Here in Mexico, unemployment and underemployment have skyrocketed, and more than a million pay-rolled workers lost their job in 2020 as a result of the pandemic. And to make matters worse, now unscrupulous
Read moreMexican Attorney General’s Arbitrary Belief in Accused Pemex Bribes
By KELIN DILLON Mexico’s Attorney General of the Republic (FGR) seemingly believes everything that disgraced former Petróleos Mexicanos (Pemex) Director Emilio Lozoya’s claims surrounding who received bribes during his time at the company, despite several witnesses offering testimony to the contrary. After admitting himself to have received bribes from corrupt Brazilian company Odebrecht after his extradition back to Mexico in
Read moreMexican Banks Implement Mandatory Geolocation for Transactions
By KELIN DILLON As of Tuesday, March 23, all online and mobile users of Mexican banks will be required to authorize the use of geolocation (meaning the precise active location at time of use) when performing any kind of banking operations. If users deny the enabling of geolocation, they will be barred from completing any transactions until they do so,
Read moreMexican Steel King Denied Bail
By RICARDO CASTILLO Mexican steel tycoon Alonso Ancira was extradited from Spain to Mexico on Wednesday, Feb 3, to face trial in Mexico on charges of defrauding the government. After several hours in the Attorney General’s Office facilities, Ancira was reportedly taken to the Northside Penitentiary, where he will continue to hear the accusations against him. The former CEO of
Read moreAMLO Declares War on Outsourcing
By KYLIE MADRY Mexican President Andrés Manuel López Obrador (AMLO) once again sparked controversy, this time declaring his intention to ban outsourcing in Mexico during his morning press conference on Tuesday, Oct. 27. This is AMLO’s latest target in his war on corruption, with the president saying that outsourcing only allows businesses to skirt tax laws and avoid paying employees
Read moreThe Good, the Bad and … the Gold-Medal Winner
By RICARDO CASTILLO Now and then, you have a woman in Mexican politics hit the headlines. But what was most unusual on Monday. Aug. 12, and early Tuesday, Aug. 13, was to have three ladies in politics in less than 24 hours grab media coverage. Whoever had doubts that women are advancing in strides in politically impossible macho-land had better
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