JOURNAL ARTICLE

Tequila Capital Seeks to Curb Extortion After Alleged Shakedown.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Stillman, Amy; Averbuch, Maya; Hilaire, Valentine 3 of 3

Abstract

The article focuses on the response of the Jalisco state government to an extortion scheme allegedly orchestrated by the mayor of Tequila against local businesses, including the world's largest tequila producer, Becle. Following the mayor's arrest on federal organized crime charges, Governor Pablo Lemus Navarro announced a 500 million pesos ($29 million) investment to support local businesses and improve infrastructure. The mayor was accused of fabricating violations to extort payments from businesses, including a significant tax increase threat against Becle. The situation has raised concerns about the impact on Jalisco's reputation, especially with the upcoming FIFA World Cup, as local business owners express relief following the government's intervention. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/02, pN.PAG
  • Document Type:Article
  • Subject Area:Economics
  • Publication Date:2026
  • Accession Number:191579846
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