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U.S. Targets Companies, Individuals in Assault on Mexican Drug Cartel
By Brian Monroe
printThe United States took aim at a drug cartel considered one of Mexico's largest, levying economic sanctions against individuals and businesses it said were tied to money laundering and drug smuggling operations. The U.S. Treasury's Office of Foreign Assets Control said Wednesday that it has targeted nearly two dozen people and 19 businesses, including a restaurant and toy store, allegedly used as front companies by the Sinaloa organization. As OFAC designees, the targeted people and entities are prohibited from accessing the U.S. financial system. Financial institutions, particularly those with operations or customers in Mexico, now must scrub their client lists...
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