Process:
- Steal crude oil from Pemex.
- Storage in distribution hubs.
- Transported on tanker trucks across the U.S. border.
- Delivered to vacant lots.
- Delivered to complicit U.S. importers.
- Sold on the U.S. and global energy markets.
- Money flows back from final buyers to mexican cartels.
Key points:
- Corrupt or coped Pemex employees and local government officials.
- Labeled as “waste oil” to evade taxes and regulations.
- U.S. companies under the control of the Mexican brokers or complicit U.S. importers.
- Wire transfers through multiple accounts and jurisdictions.
- FIN-2025-Alert 002. May 1, 2025.
