The State Department, which was offering a $5 million reward for information leading to Guzman’s arrest, wrote that law enforcement investigations indicated that Guzmán and his brother, Joaquín Guzmán-López, “inherited a great deal of the narcotics proceeds” following the death of another brother, Edgar Guzmán-López.
They “began investing large amounts of the cash into the purchasing of marijuana in Mexico and cocaine in Colombia. They also began purchasing large amounts of ephedrine from Argentina and arranged for the smuggling of the product into Mexico as they began to experiment with methamphetamine production,” the State Department said.
The brothers are also alleged to oversee an estimated 11 “methamphetamine labs in the state of Sinaloa,” the State Department says.
Their father “El Chapo” Guzmán was convicted in the US in 2019 of 10 counts, including engaging in a continuing criminal enterprise, drug trafficking and firearms charges. He was sentenced to life in prison plus 30 years and ordered to pay $12.6 billion in forfeiture.