Mexico catches gang that allegedly stole oil, sold it to US refineries

MEXICO CITY (AP)

“The oil was sold to several refineries in the United States and they (the gang) received payments that were triangulated through various accounts to hide the origin of the money,” Esparza said. He did not identify the U.S. refineries that bought the oil.

Prosecutors say they froze 149 bank accounts and detected bank transfers of over $46 million related to the scheme, in which the oil was smuggled across the border in tanker trucks with false import documents.

AP