OFAC Sanctions Mexican People, Companies Tied to Cartel Timeshare Fraud
The Office of Foreign Assets Control this week sanctioned seven people and 19 Mexican companies for their ties to a drug trafficking cartel, including Eduardo Pardo Espino, a fugitive of U.S. trafficking charges. OFAC said the people and companies have ties to a timeshare fraud led by the Cartel de Jalisco Nueva Generacion, which has been targeted by previous sanctions measures (see 2303020047, 2207110011|, [Ref:2206020077, 2110060017 and 2202180011).
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The new designations, which OFAC said were coordinated with the Mexican government, target a range of companies controlled by Pardo, including Besthings, Produzioni Peca and Servicios Administrativos Dantwoo. Other sanctions target other Mexican nationals working for the cartel and companies they own.