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The Nexus
SECURITYJul 16 · 09:30 UTCTHE RIO TIMESCarlos Silva

Pemex Fuel Theft Losses Drop 30.3% as Mexico Flags Suspicious Money Flows

Mexico's Pemex estimates 2024 fuel-theft losses at 20.53 billion pesos, a 30.3% decline. Tax evasion from smuggled fuel (Huachicol) cost the federal government 809.3 billion pesos between 2018 and 2024. Authorities have flagged suspicious financial flows linked to these crimes.

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PemexorganizationMexicoplacefuel thefttopichuachicoltopicFederal Governmentorganization
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Pemex Fuel Theft Losses Drop 30.3% as Mexico Flags Suspicious Money Flows · The Nexus