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 […]
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 […]
US expands sanctions against Jalisco New Generation Cartel
The U.S. government announced new economic sanctions and a financial crimes alert targeting the powerful Jalisco New Generation Cartel (CJNG) and its fuel theft network. The U.S. Treasury Department imposed sanctions on “three Mexican nationals and two Mexican-based entities linked to” the CJNG. Also the U.S. Financial Crimes Enforcement Network (FinCEN) issued an alert urging […]