OFAC Adds More to SDN List for Mexican Cartel's Timeshare Fraud Scheme
The Office of Foreign Assets Control this week sanctioned three Mexican people and 13 Mexican companies for their links to a timeshare fraud scam led by the Cartel de Jalisco Nueva Generacion. The action marks the third since March against…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
people and companies involved in the timeshare scheme (see 2303020047 and 2304270064),” OFAC said in a news release. The new designations target Teresa De Jesus Alvarado Rubio, Manuel Alejandro Foubert Cadena and Gabriela Del Villar Contreras, as well as companies controlled by them. OFAC also sanctioned Grupo Empresarial Epta, a company purportedly engaged in real estate activities, the agency said.