Control of businesses, threats, and overpricing of up to 144%: La Familia Michoacana's extortion network in State of Mexico
Briefly

La Familia Michoacana has established a significant extortion network in the State of Mexico, impacting a wide range of businesses including hardware stores and transportation. The organization utilizes threats to manipulate market conditions, adversely affecting consumers and merchants in 14 municipalities. A recent operation coordinated by authorities, named Operation Liberation, involved extensive raids leading to the arrest of eight key individuals. The network enforced inflated prices for goods and limited vendors to specific selling locations, resulting in significant price increases for essential commodities such as materials and food.
La Familia Michoacana operates a vast extortion network in the State of Mexico, controlling various businesses through fear and threats affecting producers and consumers.
The operation, part of a national anti-extortion strategy, involved 2,866 security members raiding 63 establishments and resulted in the arrest of eight individuals.
Extortion practices included imposing exorbitant prices and restricting merchants to specific locations for buying and selling essential goods.
Increased prices were evident, such as a kilo of rebar rising from 18 pesos to 45 in Valle de Bravo, affecting local economies significantly.
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