The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced new sanctions on two Mexican businesses for their links to the Sinaloa Cartel and its unlawful activities. Concretely, they stand accused of using proceeds of fentanyl trafficking to launder money.
The body also sanctioned five Colombian nationals linked to the Clan del Golfo, who will see all property and interests in property of the designated persons in the U.S. or under U.S. control to be blocked. U.S. persons are also prohibited from engaging in transactions involving these assets, with potential civil or criminal penalties for violations.
