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In 41 Years, Mexico Lost $872 Billion to Crime and Corruption: Report
printMexico has lost as much $91 billion per year to capital flight associated with tax evasion and corruption during the last decade, according to a report by an American advocacy group. The proceeds, which stem from narco- and human trafficking and other crimes, most often ended up in banks in the United States, Europe and Caribbean tax havens, Washington, D.C.-based Global Financial Integrity said in the report, released Sunday. The group based its findings on an analysis of data provided by the Bank for International Settlements. "The United States is, by far, the preferred destination of Mexican private sector deposits...
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