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SpyCast

To Catch a Drug Cartel

SpyCast

SpyCast

History, Education, News

4.41.7K Ratings

🗓️ 16 September 2025

⏱️ 25 minutes

🧾️ Download transcript

Summary

Keith Bulfin was a banker, not a spy. But then came a special client–a supposed coffee importer who was actually a banker for Mexican and Colombian drug cartels. Soon, U.S. authorities were knocking on Keith’s door. He ended up behind bars in a maximum security prison. While in prison, Bulfin ended up befriending leaders of drug cartels and eventually became their private banker, while secretly feeding intelligence to the U.S. government. It was a descent into a world few see and fewer survive. Prefer to watch your podcasts? Find us on YouTube at https://www.youtube.com/@IntlSpyMuseum/podcasts.  Subscribe to Sasha's Substack, HUMINT, to get more intelligence stories: https://sashaingber.substack.com/  And if you have feedback or want to hear about a particular topic, you can reach us by E-mail at SpyCast@Spymuseum.org.  This show is brought to you from Goat Rodeo, Airwave, and the International Spy Museum in Washington, DC.

Transcript

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0:00.0

Hello, this is Matt from the Explorers podcast.

0:08.0

I want to invite you to join me on the voyages and journeys of the most famous explorers

0:11.9

in the history of the world.

0:13.7

These are the thrilling and captivating stories of Magellan, Shackleton, Lewis, and Clark,

0:18.4

and so many other famous and not so famous adventures from throughout history.

0:22.7

Go to Explorerspodcast.com or just look us up on your podcast app.

0:26.9

That's the Explorers Podcast.

0:32.3

Welcome to Spycast, the official podcast of the International Spy Museum.

0:42.5

I'm your host, Sasha Ingber.

0:44.8

And each week I take you into the shadows of espionage, intelligence, and covert operations across the globe.

0:54.9

Keith Bulfan was a banker, not a spy.

0:59.1

But he says that one day a special client came along,

1:02.7

a supposed coffee importer who turned out to be a banker for Mexican and Colombian drug cartels.

1:11.1

Soon, U.S. authorities were knocking on Keith's door.

1:14.6

And as he tells it, he ended up behind bars of a maximum security prison, where he was tasked

1:21.4

with befriending leaders of drug cartels.

1:24.8

When he got out, he says he became their private banker while secretly feeding

1:29.7

intelligence to the U.S. government. Keith's story is a descent into a world that few see

1:36.3

and fewer survive. Keith, when the U.S. government approached you, was it through coercion?

1:45.0

Yes, it was.

1:46.0

It was a knock on the door at 7 o'clock in the morning, and it was 20 police, you know,

1:51.0

Australian federal police, state police, there was the Mexican federal police, there was the

...

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