OFAC sanctions a Mexican timeshare fraud network linked to terrorist cartel CJNG, targeting individuals and companies that defrauded U.S. citizens and funneled illicit profits for the cartel

The network defrauded U.S. citizens—often targeting vulnerable older Americans—while generating illicit revenue for the cartel, which also profits from drug trafficking, fuel theft, and extortion. This action, coordinated with FinCEN, FBI, DEA, IRS-CI, CBP, and Mexico’s financial intelligence unit, uses Executive Orders targeting terrorists and illicit drugs, and reflects ongoing efforts to disrupt CJNG’s financial networks and protect Americans from long-running, sophisticated fraud schemes…