US Treasury Sanctions Mexican Businesses and Colombian Nationals for Drug Trafficking

The sanctions target entities linked to the Sinaloa Cartel and Clan del Golfo as part of efforts to combat fentanyl smuggling and money laundering.

The U.S. Treasury sanctioned a Mexican ice cream chain and a pharmacy for using drug trafficking proceeds tied to the Sinaloa Cartel.
Five leaders of Colombia's Clan del Golfo, a major drug trafficking organization, were also targeted by the sanctions.
The sanctions are part of a broader effort to counter the fentanyl crisis, which caused over 107,000 overdose deaths in the U.S. in 2023.
Acting Director of the Office of Foreign Assets Control Lisa Palluconi is visiting Colombia and Mexico to discuss sanctions and anti-money laundering measures.
The U.S. Treasury has coordinated with Mexican and Colombian authorities to disrupt the financial networks of these cartels.