U.S. Hits Jalisco Cartel Associates, Linked Businesses With Sanctions Over Timeshare Scam

The Jalisco cartel's timeshare fraud operation began in Puerto Vallarta, but U.S. authorities say the criminal group has since expanded to other Mexican tourist destinations, including Cancún and Acapulco. (Credit: Via Getty Images)

The U.S. government expanded its crackdown on Mexican drug cartels this week, targeting a network allegedly linked to large-scale timeshare fraud operated by the Cártel Jalisco Nueva Generación (CJNG).

On Wednesday, the Treasury Department's Office of Foreign Assets Control (OFAC) announced sanctions against four Mexican nationals and 13 businesses accused of participating in a scheme that defrauded thousands of American victims.