Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico 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 . . .

Read Full Story

Related Posts

Mexico Creates Midwifery Committee for Safer Births

Mexico Creates Midwifery Committee for Safer Births

Mexico created a National Midwifery Committee to coordinate maternal care policy and reduce preventable maternal...
Mexico Navy Seizure Shows Pacific Drug Route Risks

Mexico Navy Seizure Shows Pacific Drug Route Risks

Mexico’s Navy reported 63 bundles of suspected cocaine in three Pacific operations, along with 11...
US Fentanyl Strategy Puts Mexico Under New Pressure

US Fentanyl Strategy Puts Mexico Under New Pressure

The U.S. fentanyl strategy treats cartels as a national security threat, raising legal, diplomatic and...
Mexican peso gains

US Dollar Slips as Peso Ends Near 17.25 in Mexico Today

The dollar closed near 17.25 pesos on May 6 as the peso gained on lower...