US sanctions more than 50 Jalisco cartel-linked individuals and businesses
The U.S. Treasury on Thursday imposed sanctions on 39 Mexican individuals and 16 companies it alleges are linked to the Jalisco New Generation Cartel (CJNG), calling it “the largest action ever taken” against the notorious crime gang. The measure targets the leadership of the cartel — designated by President Donald Trump as a foreign terrorist organization — and its illicit financing networks across Mexico. The Treasury Department said in a statement that the goal of the sanctions is to limit the CJNG’s ability to traffic fentanyl and other drugs into the United States. Shortly thereafter, Mexico’s Financial Intelligence Unit (UIF) reported it had identified “indicators related to possible operations with resources of illicit origin, including cash transactions, acquisition of high-end vehicles, jewelry and real estate,” as well as “international transfers, intensive use of credit and debit cards and transactions using virtual assets.” As a result of this review, Mexico blocked ...