Mexico Recovers $5.8 Billion in Assets Linked to Genaro García Luna

Mexico has successfully recovered over $5.8 billion in assets connected to former Security Minister Genaro García Luna, the Financial Intelligence Unit (UIF) announced. The recovered funds stem from a bond settlement and the liquidation of 12 properties in the United States belonging to the Weinberg family, who are linked to the disgraced former official.

The UIF detailed a scheme involving the diversion of public resources and illicit financial operations. This scheme allegedly involved the simulation of services, coordinated actions by public officials and private entities, and the use of shell companies, including one named Numbap. The investigation into García Luna's activities began in 2008 and continued until 2018, uncovering transactions exceeding $403 million.

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The scheme involved the alleged simulation of service provisions, the coordinated participation of public officials and private individuals, and the use of shell companies, including Numbap.

Omar Reyes Colmenares, head of the UIF, explained that the recovered resources were deposited into the Federation's Treasury. He noted that the liquidation of other assets in favor of the Mexican state is still pending. The UIF filed a criminal complaint with the Attorney General's Office in December 2019 and later a civil lawsuit in Florida.

This recovery is the result of extensive coordination between the UIF, the Attorney General's Office, the SAT (Tax Administration Service), and the National Banking and Securities Commission. International legal assistance was also crucial, involving cooperation with Panama, Spain, the United States, and El Salvador. A definitive sentence was obtained in Florida in 2026, securing approximately $578.5 million.

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In 2026, a definitive sentence was obtained in the Weinberg case in a Florida court for an amount of approximately $578.5 million.