Mexico Just Took Down 'King Midas' — 'El Chapo' Guzmán's Top Money-Launderer

From Business Insider

Mexican federal police and military units arrested Juan Manuel Álvarez Inzunza, aka “King Midas,” the alleged top money-launderer for the Sinaloa cartel of Joaquín “El Chapo” Guzmán, on Sunday in the southern Mexican state of Oaxaca.

Álvarez Inzunza, who was on vacation in Oaxaca when he was captured without violence, was arrested on a provisional extradition warrant issued by the US, where he has been charged with money-laundering.

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