Tag: Wally Adeyemo

U.S. Treasury Targets Mexico- and China-Based Money Launderers Linked to the Sinaloa Cartel

Money Laundering Mark Lagarde - July 2, 2024

The U.S. Department of the Treasury’s OFAC has imposed sanctions on a Mexico-based money launderer and several China-based members of a money laundering organization with connections to the notorious Sinaloa Cartel. This action is part of the ongoing efforts by the U.S. government, in collaboration with Mexican authorities, to combat the trafficking of fentanyl and other illicit drugs into the U.S.

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