Overview
- Mexico’s Financial Intelligence Unit coordinated with OFAC and FinCEN to act against a network tied to narcotics trafficking, money laundering and asset concealment across several countries.
- Ten individuals and nine companies were designated for Mexico’s blocked‑persons list, and ten additional individuals were identified for listing based on new analysis.
- Cases were referred to the Attorney General’s Office for money‑laundering charges and to the Federal Tax Prosecutor for possible fiscal crimes and use of shell entities.
- Authorities detailed concealment methods that include front companies simulating trade, real‑estate purchases via straw buyers, digital‑platform asset handling and cross‑border fund dispersion and triangulation.
- Reports differ on totals, with some citing 29 targets by combining the initial designations with the additional identifications, as authorities emphasize strengthened bilateral financial‑crime enforcement.