Culper Research short Tecnoglass, says ‘fallout looms’

Culper Research is short Tecnoglass (TGLS), citing :new evidence that links Tecnoglass insiders – including its CEO and COO Jose and Christian Daes – to Sinaloa cartel operations in Colombia.” The short-seller stated in a report posted to its website: “In late 2022 and 2023, Mexican hackers leaked a cache of Mexican intelligence reports which detailed the Sinaloa cartel’s ‘illicit financing of the presidential campaign of the Republic of Colombia.’ The leaked documents were meant to be redacted, but by simply highlighting, copying, and pasting the “redacted” text, we found that Tecnoglass brothers Jose and Christian Daes were named explicitly as two of the eight businessmen who allegedly participated in this scheme.”