The US will impose sanctions on the Jalisco drug cartel for its involvement in fentanyl trafficking.
The Treasury Department is preparing to impose sanctions on individuals and entities associated with the Jalisco Nueva Generacion cartel.
The Treasury Department is likely to impose sanctions on Tuesday against individuals and organizations associated with a violent Mexican drug trafficking cartel that contributes significantly to the fentanyl and other dangerous drugs smuggled into the US, according to Planet Chronicle Digital's exclusive report.
The Office of Foreign Assets Control of the Treasury Department is set to impose sanctions on nine Mexican individuals and 26 Mexican-based entities associated with a fuel theft network that generates substantial revenue for the Jalisco Nueva Generacion cartel.
In recent years, cartels such as Jalisco Nueva Generacion have shifted their focus to fuel theft, leading to significant financial losses for the Mexican government.
The Treasury Department, in coordination with the DEA and Mexico's government, as well as Mexico's financial intelligence unit, moved to sanction.
The Biden administration is committed to disrupting the funding and operations of deadly fentanyl-trafficking cartels like CJNG, as stated by Deputy Treasury Secretary Wally Adeyemo to Planet Chronicle Digital.
The cartel's diverse revenue streams, including fuel theft, enhance its ability to smuggle fentanyl and other deadly drugs into the US, according to Adeyemo.
Adeyemo stated that the Treasury will persistently employ its skills and resources to eradicate drug trafficking gangs, ensuring the safety of our communities and preventing the circulation of hazardous substances like fentanyl on our streets.
Last year, the Treasury sanctioned members of the Sinaloa cartel.
This year, the DEA stated that Jalisco Nueva Generacion and Sinaloa cartels have been supplying major U.S. cities with meth and fentanyl, and they employ violence to safeguard their territories.
The DEA report declares that the Sinaloa and Jalisco cartels are responsible for the worst drug crisis in U.S. history.
The report states that Sinaloa and Jalisco have "effectively eliminated any competition in U.S. markets" and "dictate the flow of nearly all illicit drugs" into the country, with thousands of cartel-linked dealers currently operating in the U.S.
In April 2021, 12 traffickers linked to the Jalisco cartel were sentenced to prison terms ranging from 4.5 to 40 years for smuggling nearly 200 kilograms of liquid methamphetamine worth $9.9 million in Del Rio, Texas.
During that investigation, law enforcement confiscated approximately 650 kilograms of methamphetamine, 17 firearms, $220,922 in cash, and $12,200 in real and personal property, according to federal North Texas prosecutors.
More than 70,000 Americans die annually from fentanyl, a drug that can be lethal even in minute quantities. This opioid is frequently mixed into other medications or manufactured into fake pills, causing unsuspecting users to unknowingly consume it.
The cartels in Mexico mainly manufacture the drug with Chinese precursors and then transport it into the U.S. via the land border.
The Biden administration formed a worldwide alliance to combat the danger of fentanyl, which involves working with nations such as Mexico to apprehend smugglers and control the supply of precursor chemicals.
In April, Treasury Secretary Janet Yellen announced the launch of an exchange with the People's Republic of China to enhance cooperation in combating money laundering associated with drug trafficking and other crime.
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