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Matthew Cox

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
30539 total appearances

Appearances Over Time

Podcast Appearances

Matthew Cox | Inside True Crime Podcast
Cartel Money Tricks Exposed by Former Insider

So now suddenly the Colombians became perceived as a threat because you're supporting these guys, not politically, you're supporting them financially.

Matthew Cox | Inside True Crime Podcast
Cartel Money Tricks Exposed by Former Insider

Well, that's why you had this panic set in.

Matthew Cox | Inside True Crime Podcast
Cartel Money Tricks Exposed by Former Insider

This is ultimately what gave rise to the Iran-Contra affair.

Matthew Cox | Inside True Crime Podcast
Cartel Money Tricks Exposed by Former Insider

where we were supporting the Contras fighting the Nicaraguan Sandinistas.

Matthew Cox | Inside True Crime Podcast
Cartel Money Tricks Exposed by Former Insider

Yeah, I never saw it.

Matthew Cox | Inside True Crime Podcast
Cartel Money Tricks Exposed by Former Insider

And so anyhow, the point being here is because of geopolitical concerns, the Colombian banking system was under a tremendous amount of scrutiny.

Matthew Cox | Inside True Crime Podcast
Cartel Money Tricks Exposed by Former Insider

You didn't want to be in the United States doing business with the Colombian because all your financial transactions are being monitored.

Matthew Cox | Inside True Crime Podcast
Cartel Money Tricks Exposed by Former Insider

You know, you've got agents visiting you.

Matthew Cox | Inside True Crime Podcast
Cartel Money Tricks Exposed by Former Insider

I mean, it's just a nightmare.

Matthew Cox | Inside True Crime Podcast
Cartel Money Tricks Exposed by Former Insider

It's just a nightmare.

Matthew Cox | Inside True Crime Podcast
Cartel Money Tricks Exposed by Former Insider

And so when the Colombians originally came up with, they're the ones that created the black market payslope exchange.

Matthew Cox | Inside True Crime Podcast
Cartel Money Tricks Exposed by Former Insider

And they were using that as a device to get American dollars sold to Colombian businesses to buy product from American vendors.

Matthew Cox | Inside True Crime Podcast
Cartel Money Tricks Exposed by Former Insider

Well, once the Mexicans took over the distribution, they took the black market peso exchange concept and they personalized it.

Matthew Cox | Inside True Crime Podcast
Cartel Money Tricks Exposed by Former Insider

And for the purposes of getting the money to South America, they excluded Colombia.

Matthew Cox | Inside True Crime Podcast
Cartel Money Tricks Exposed by Former Insider

And so, like I said, the first full year of Sinaloa's operation in Los Angeles was 1990.

Matthew Cox | Inside True Crime Podcast
Cartel Money Tricks Exposed by Former Insider

Well, this was actually how I cut my teeth.

Matthew Cox | Inside True Crime Podcast
Cartel Money Tricks Exposed by Former Insider

I got recruited in January that year.