Court: Stolen Mexican Oil Sold to Houston Firm

Summary


MEXICO CITY - A Texas oil executive says his small company was one of several that bought millions of dollars worth of stolen Mexican petroleum and then sold the illicit products to larger U.S. companies including chemical giant BASF.

Houston-based Trammo Petroleum president Donald Schroeder, the first to be convicted as part of a cross-border investigation, testified that he was contacted by two fuel company representatives who "told me they had some Mexican condensate that they would like to sell," according to U.S. federal court transcripts obtained Friday by The Associated Press.

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Extract


Court: Stolen Mexican Oil Sold to Houston Firm

Schroeder testified that his con...

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