Mexican drug lord pleads guilty

“A notorious Mexican drug lord pleaded guilty Monday to federal crimes that carry a mandatory life sentence, reaching a deal that spares him execution.

Francisco Javier Arellano Felix, who led a cartel that emerged as a drug powerhouse in the 1980s, was captured last year when the Coast Guard found him deep-sea fishing off Mexico.

Arellano Felix, who is in his late thirties, pleaded guilty to running a continuing criminal enterprise and conspiracy to launder money. He agreed to forfeit $50 million and the yacht on which he was captured.”

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