US Sanctions Mexican Accountants and Firms for Timeshare Fraud Linked to Drug Cartel

The Treasury Department targets individuals and companies tied to the Jalisco New Generation Cartel's multi-million dollar scams against American timeshare owners.

Three Mexican accountants and four companies have been sanctioned for their involvement in timeshare fraud schemes.
The Jalisco New Generation Cartel runs call centers that impersonate legitimate timeshare brokers to scam Americans.
Victims have lost nearly $300 million between 2019 and 2023 due to these fraudulent activities.
The cartels use proceeds from the scams to fund other criminal operations, including drug trafficking and human smuggling.
Authorities urge vigilance against unsolicited offers and provide tips to avoid falling victim to these scams.