Carlos Hank Rhon is the son of politician and businessman
Carlos Hank González. Hank Rhon was a power broker, along with his father, for Mexican president
Carlos Salinas de Gortari. Starting in 1991, Hank Rhon bought shares in
Laredo National Bank, allegedly buying additional shares using his associates' names in violation of
Bank Holding Company Act requirements.
Reuters reported in 1996 that an account at Laredo National Bank, owned by Hank Rhon, was being investigated by Mexican and U.S. officials for drug money laundering.
U.S. federal law enforcement investigated Hank Rhon, as well as his father and his brother
Jorge Hank Rhon, from December 1997 to early 1999. In June 1999, a report called the White Tiger Report (named after a white
Siberian tiger Jorge attempted to smuggle across the Mexican-U.S. border After lobbying by the family, then-
Attorney General Janet Reno wrote a letter saying the report was neither released nor vetted properly. In December 1998, the
Federal Reserve Board started an enforcement action to divest Carlos Hank Rhon from his 71% ownership of Laredo National Bank, accusing him of lying about his ownership The
Panama Papers show that on September 20, 2013, Trevor Pinchemain contacted
Mossack Fonseca on behalf of Hank Rhon with the intent to buy an offshore firm with $10.7 million. Mossack Fonseca declined 4 days later citing negative information about Hank Rhon and his family. In 2015, his name appeared in the
Swiss Leaks investigation. According to Mexican government-published data for the first 3 months of 2020, companies led by Hank Rhon and his son, also named
Carlos Hank González, received 24 federal contracts worth 7 billion
pesos. == Personal life ==