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Mexico, U.S. Sanction Hysa Network and Cut Off 10 Casinos Linked to Sinaloa Cartel

Mexico’s financial watchdog filed criminal referrals alongside fiscal notices after tracing more than one billion pesos through shell companies across North America and Europe.

Overview

  • The U.S. Treasury’s OFAC designated 27 people and entities, while FinCEN proposed a special measure to bar 10 Mexico-based casinos from the U.S. financial system.
  • Mexico’s UIF expanded its domestic blocks to 31 subjects after adding five entities and said it has frozen accounts and suspended operations.
  • Authorities describe a laundering scheme run through 24 companies and seven individuals that moved more than one billion pesos across Mexico, the U.S., Canada, Belize, Panama, Romania, Poland and Albania.
  • OFAC named the Albania-origin Hysa family and related firms, including Canadian and Polish registrations, alleging control of casinos, restaurants and other fronts that funneled cartel proceeds.
  • FinCEN listed casino locations in Sonora, Sinaloa, Baja California and Tabasco and reported illicit payments to senior cartel figures, as UIF filed complaints with the FGR and notified the Procuraduría Fiscal.