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9h ago

U.S. Sanctions Los Chapitos Faction of Sinaloa Cartel, Offers $10 Million Reward

The Treasury Department is leveraging terrorism authorities to freeze U.S. assets in an effort to choke off the cartel’s fentanyl pipeline.

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 Department of the Treasury designated Los Chapitos as a Specially Designated Global Terrorist entity, immediately freezing any assets under U.S. jurisdiction and barring Americans from dealing with the faction.
  • Sanctions were imposed on Archivaldo Ivan Guzman Salazar and Jesus Alfredo Guzman Salazar, fugitive sons of Joaquin “El Chapo” Guzman believed to be hiding in Mexico.
  • The U.S. government is offering up to $10 million for information that leads to the arrest or conviction of each of the two Guzman Salazar brothers.
  • Officials extended measures to a network of Los Chapitos associates and businesses based in Mazatlan to disrupt the faction’s drug trafficking, extortion and money laundering operations.
  • Treasury officials cited links between cartel gunmen and the October 2024 ambush and murder of U.S. Marine veteran Nicholas Quets on a highway in northern Mexico.