US Sanctions Target Mexican Cartel and Timeshare Fraud Schemes
TL;DR
The U.S. Department of the Treasury has sanctioned four Mexican individuals and 13 companies linked to timeshare fraud in Puerto Vallarta, Mexico, which is controlled by the violent CJNG cartel. These schemes target U.S. victims, especially the elderly, through complex scams involving false offers and impersonations, generating significant revenue for CJNG, which also engages in drug trafficking and other illicit activities. The sanctions aim to disrupt CJNG's diverse revenue streams and protect U.S. citizens from fraud.
- Treasury Targets Terrorism and Timeshare Fraud in Mexico U.S. Department of the Treasury (.gov)
- U.S. sanctions cartel associates accused of scamming elderly Americans PBS
- Sanctioning Cartel de Jalisco Nueva Generación Leaders Operating Timeshare Fraud Schemes U.S. Department of State (.gov)
- US issues sanctions against Mexican cartel fraud scheme in Puerto Vallarta Reuters
- U.S. sanctions individuals, businesses accused of operating timeshare frauds for drug cartel KJZZ
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Read on U.S. Department of the Treasury (.gov)