Search Results for keywords:"illicit drug trade"

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Search Results: keywords:"illicit drug trade"

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  • 2025-06449 — Notice of OFAC Sanctions Actions
    Type:Notice
    Citation:90 FR 16072
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has updated the Specially Designated Nationals and Blocked Persons List (SDN List). They have added Jesus Alfredo Beltran Guzman, also known as "Alfredito," "El Mochomito," or "Tito," because he is believed to be involved in the global illicit drug trade. As a result, any property and interests in property he has that fall under U.S. jurisdiction are blocked, and U.S. citizens are generally not allowed to engage in transactions with him. This action is based on the criteria set by Executive Order 14059.

    Simple Explanation

    The U.S. Treasury has put a person named Jesus Alfredo Beltran Guzman on a special list because they believe he is doing bad things with illegal drugs, so people in the U.S. aren't allowed to do business with him or use his stuff.

  • 2024-28166 — Notice of OFAC Sanctions Action
    Type:Notice
    Citation:89 FR 95355
    Reading Time:about 2 minutes

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced the addition of certain individuals to its Specially Designated Nationals and Blocked Persons List. This action is part of efforts to impose sanctions on individuals linked to the Gulf Cartel, a group involved in the global illicit drug trade. The listed individuals, primarily from Mexico, are now subject to blocked property rights within U.S. jurisdiction, making it illegal for U.S. persons to engage in transactions with them. This move aims to disrupt and reduce the influence of the Gulf Cartel's criminal activities.

    Simple Explanation

    The U.S. Treasury Department is making a list of people from the Gulf Cartel who are not allowed to do business in the United States because they are involved in bad activities. This means that people in America shouldn't buy or sell anything with them.