Puneet Varma (Editor)

Cachiros

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Founded
  
1990s

Territory
  
Honduras, Nicaragua

Years active
  
1990s-present

Ethnicity
  
Hondurans

Leader(s)
  
Javier Eriberto Rivera Maradiaga Devis Leonel Rivera Maradiaga

Criminal activities
  
Drug trafficking, money laundering

Cachiros is a Honduran drug cartel and criminal organization. It was founded in the early 1990s by a group of cattle-ranchers in the Olancho-Colón departments of Honduras.

In January 2015, Cachiros leader Javier Maradiaga, also known as "Javier Cachiro", turned himself in to the U.S. Embassy in Honduras and plead guilty to drug trafficking charges in trial. Honduran officials seized between $500 million to $800 million following Javier's actions, though the Cachiros are believed to have a net worth of over $1 billion.

References

Cachiros Wikipedia