U.S. authorities continue targeting the financial networks and business operations tied to Mexican drug cartels. On May 20, the U.S. Department of the Treasury's Office of Foreign Assets Control announced sanctions against 12 individuals and two businesses allegedly linked to the Sinaloa Cartel for laundering money and facilitating the cartel's trafficking operations.
According to OFAC, the sanctions target two separate criminal networks. One of them is allegedly led by Armando de Jesús Ojeda Avilés, who authorities say oversees a money-laundering operation tied to fentanyl trafficking on behalf of the cartel.
