Claims
HSBC admitted $881M of Sinaloa and Norte del Valle cartel money moved through it (2012 DPA); no individuals were charged
Documented · occurred What these labels mean →Under a 2012 deferred prosecution agreement HSBC admitted at least $881M of cartel money moved through it and that it failed to monitor over $670B in wires from HSBC Mexico; it paid $1.92B; no individuals were charged.
Evidence
| Relation | Record | Note |
|---|---|---|
| documents | justice.gov | DOJ 2012 |
Ties
| To | Role | Years | Verdict | Source |
|---|---|---|---|---|
| Banks behind fascists, mafia and cartels (1933-2012) | one of the index's cases | — | Concept | |
| Suppression pattern | settlement without individual prosecution | 2012 | Documented · occurred | justice.gov |
Mentioned in
Claim
Under a 2012 deferred prosecution agreement HSBC admitted at least $881M of cartel money moved through it and that it failed to monitor over $670B in wires from HSBC Mexico; it paid $1.92B; no individuals were charged.