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U.S. Sanctions Target Cartel Behind $23M Timeshare Fraud

8/14/2025

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Summary

Story summary

The U.S. Treasury sanctioned 13 Mexican companies and four individuals tied to a drug cartel involved in timeshare fraud.
The Jalisco New Generation Cartel allegedly defrauded U.S. citizens of $23.1 million since 2012.
U.S. Treasury Secretary Scott Bessent highlighted the commitment to disrupt cartel revenue streams.
These sanctions support ongoing U.S.-Mexico collaboration against cartel operations.

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Story summary

The U.S. Treasury sanctioned 13 Mexican companies and four individuals tied to a drug cartel involved in timeshare fraud.
The Jalisco New Generation Cartel allegedly defrauded U.S. citizens of $23.1 million since 2012.
U.S. Treasury Secretary Scott Bessent highlighted the commitment to disrupt cartel revenue streams.
These sanctions support ongoing U.S.-Mexico collaboration against cartel operations.