US Imposes Sanctions on Mexico-Based Criminal Syndicate
The US State Department has announced a new wave of sanctions targeting the Cartel del Noreste, a Mexican criminal organization operating along the US-Mexico border. The measures specifically target high-ranking executives and casinos associated with the cartel. According to the department’s statement, the Cartel del Noreste is actively involved in “money laundering, drug trafficking, and […]
US sanctions Mexico cartel members, including rapper El Makabelico
Treasury aims to disrupt Cartel del Noreste’s leadership and financial networks tied to violence and drug trafficking. The US Department of the Treasury has announced sanctions on assets of four individuals that it linked to Mexico-based Cartel del Noreste, including the popular hip-hop artist El Makabelico. The sanctions target three “high-ranking members” of Cartel del […]
US Sanctions Venezuelan Gang Allegedly Linked to Maduro
The U.S. Treasury Department has announced sanctions against a Venezuelan group operating under the leadership of Venezuelan President Nicolas Maduro and allegedly supporting drug cartels. The Office of Foreign Assets Control (OFAC), an agency of the Treasury Department, announced that the organization, dubbed the Cartel de los Soles (Cartel of the Suns), has been classified […]
USA sanctions three Mexican financial firms over suspected links to drug cartels
The Trump administration on Wednesday restricted US banks from making transactions with three Mexican financial firms over concerns that they are laundering money for drug cartels. The sanctions – the first implemented under the Fentanyl Sanctions Act and the FEND Off Fentanyl Act – targeted Mexican banks CIBanco and Intercam Banco and the brokerage firm […]