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US Treasury cracks down on Jalisco New Generation Cartel with sanctions and a bank alert
- On Tuesday, the U.S. Treasury announced sanctions and a new bank alert targeting the Jalisco New Generation Cartel , Mexico's most powerful criminal enterprise.
- Sanctions from the Office of Foreign Assets Control target two Mexican men and nine companies allegedly involved in a fuel theft ring designed to evade Mexican taxes while generating tens of millions of dollars annually for the cartel.
- According to the Drug Enforcement Agency, the CJNG now operates in 21 of Mexico's 32 states, surpassing the Sinaloa Cartel, which is estimated to operate in 19 states.
- Last year, President Donald Trump designated the CJNG and other Mexican cartels as foreign terrorist organizations, advancing the Trump Administration's priority of dismantling these criminal enterprises.
- Treasury Secretary Scott Bessent stated today that cartels are expanding beyond traditional drug trafficking into fuel smuggling to generate revenue, highlighting diversified criminal operations.
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18 Articles
18 Articles
The text does not make a particular link between the sanctioned and politicians or parties in particular, but rather proposes it as a modus operandi in general.
·Mexico
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Associated Press News+12 Reposted by 12 other sources
US Treasury cracks down on Jalisco New Generation Cartel with sanctions and a bank alert
The U.S. Treasury has announced sanctions and a new bank alert targeting the Jalisco New Generation Cartel, Mexico’s most powerful criminal group.
·New York, United States
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Coverage Details
Total News Sources18
Leaning Left11Leaning Right1Center6Last UpdatedBias Distribution61% Left
Bias Distribution
- 61% of the sources lean Left
61% Left
L 61%
C 33%
Factuality
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