The U.S. Treasury Department has announced sanctions against members and associates of Mexico’s Cartel del Noreste. These measures target four individuals and 11 businesses linked to the cartel’s financial operations.
The sanctions stem from allegations that the Cartel del Noreste is involved in money laundering. The organization is accused of using horse racing activities across the U.S.-Mexico border to facilitate these illicit financial transactions.
The Cartel del Noreste evolved from the violent Los Zetas, a group known for its criminal operations. The new sanctions aim to disrupt the cartel’s economic influence and curb their illegal activities.