AMLO Cites Segalmex Fraud as ‘Stain’ of Presidency
The 9.5 billion peso Segalmex embezzlement surpassed that of the controversial 7 billion peso “Master Fraud” case seen under AMLO’s predecessor President Enrique Piña Nieto
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AMLO Dissuades Concerns About Potential Election Blackouts
The federal executive’s statements come following a series of blackouts across several Mexican states due to the country’s ongoing heatwave.
Read moreInterpol Warns of CJNG’s Financial Fraud Schemes
The organization pointed to the increasing availability of advanced technologies as part of the CJNG’s increasing pool of financial fraud victims
Read moreInside 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
Read moreOn 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,
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