Puerto Vallarta News

Puerto Vallarta News

U.S. targets Mexican companies, individuals for aiding Sinaloa drug cartel

The United States on Tuesday targeted two Mexican companies, along with two Mexican men, for what it said was their role in assisting the infamous Sinaloa Cartel associated with drug lords Joaquin "El Chapo" Guzman and Ismael "El Mayo" Zambada.

The U.S. Treasury Department formally identified Juan Manuel Alvarez Inzunza, whom it said was a money launderer, and Jose Olivas Chaidez, whom it said was a distributor, as specially designated narcotics traffickers for their role aiding the cartel.

The move allows any of the two men's assets in the United States to be frozen and prohibits Americans from . . .

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