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White House Targets Fentanyl Traffickers, Financial Flows

By Valentina Pasquali

U.S. officials on Wednesday blacklisted four Chinese individuals and entities accused of smuggling fentanyl, its precursors and analogues into the United States and flagged several channels through which traffickers of the highly addictive opioid move funds. Distributors and users of fentanyl in the U.S. typically buy the drug directly from suppliers in China or through criminal groups based in Mexico who in turn procure and sell the illegally manufactured product at a markup, the Treasury Department's Financial Crimes Enforcement Network, or FinCEN, claimed in a 19-page advisory. Three other advisories issued Wednesday amid a broader push by the White House...

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