Puerto Vallarta, Mexico - In a significant move to dismantle the financial underpinnings of organized crime, the United States Treasury Department has sanctioned over a dozen companies associated with the Jalisco New Generation Cartel (CJNG). These actions, carried out by the Office of Foreign Assets Control (OFAC), target entities implicated in timeshare fraud schemes across Jalisco, particularly in Puerto Vallarta.
The OFAC identified 13 companies tied to the CJNG, most of which are engaged in real estate operations. These companies are predominantly based in Puerto Vallarta, a location deemed a strategic hub for drug trafficking and other illicit . . .
