Mexican businessman indicted for alleged money laundering and bank fraud

On May 22, 2012, U.S. authorities indicted Fernando Alejandro Cano Martínez for laundering bribes from the Gulf Cartel through Texas-based corporate entities and real estate, alongside a separate bank fraud scheme. Cano remains at large, facing decades in prison and steep financial penalties.

Why it matters: this case illustrates how financial networks leverage cross-border corporate structures to obscure illicit origins—posing significant compliance, reputational, and legal risks.

At Obsidian Group Analytics (OGA), we specialize in uncovering such hidden complexities through:

●Advanced digital and corporate intelligence to identify shell companies
●Cross-border due diligence that traces real estate and asset purchases tied to suspicious actors
●Robust risk profiling and ongoing monitoring to detect fugitive-linked entities