Overview
- Iván Cazarín Molina, known as 'El Tanque,' is sanctioned by the U.S. for leading the fuel theft division of the Jalisco New Generation Cartel (CJNG).
- Cazarín Molina's operation involves selling stolen gasoline through a network of legitimate-looking businesses, generating tens of millions of dollars annually.
- The U.S. Treasury's sanctions target nine individuals and 26 entities linked to the CJNG's fuel theft activities.
- Fuel theft remains a major issue in Mexico, costing the government and Pemex billions of dollars.
- The sanctions freeze the assets of those involved and prohibit U.S. citizens from conducting business with them.