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5d ago

US Sanctions Los Chapitos and Offers $10 Million Bounty for El Chapo’s Sons

President Trump’s administration is executing executive orders to freeze Los Chapitos’s U.S. assets under terror powers alongside narcotics sanctions.

FILE - The Treasury Department building is seen, March 13, 2025, in Washington. (AP Photo/Alex Brandon, File)
U.S. Treasury Secretary Scott Bessent testifies before a House Financial Services Committee hearing entitled "The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System," on Capitol Hill in Washington, D.C., U.S., May 7, 2025. REUTERS/Nathan Howard/File Photo
FILE - Treasury Secretary Scott Bessent speaks to reporters in the James Brady Press Briefing Room at the White House, April 29, 2025, in Washington. (AP Photo/Manuel Balce Ceneta, File)
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Overview

  • The Treasury Department designated Los Chapitos as a Specially Designated Global Terrorist entity, blocking their U.S. assets and barring Americans from dealings.
  • Archivaldo Ivan Guzman Salazar and Jesus Alfredo Guzman Salazar were named as fugitive cartel leaders with up to $10 million each offered for information leading to their arrest or conviction.
  • Sanctions also target a Mazatlan-based network of Los Chapitos associates accused of drug trafficking, extortion, kidnapping and money laundering.
  • U.S. authorities accuse Los Chapitos of directing a significant share of the cartel’s fentanyl shipments into the United States, exacerbating the opioid crisis.
  • These actions follow February’s Foreign Terrorist Organization designation of the Sinaloa Cartel and aim to sever cartel funding and curb associated violence, including the killing of U.S. Marine veteran Nicholas Quets.