Overview

• 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.