The U.S. Department of the Treasury’s today designated the Sinaloa cartel’s financial and transportation networks and numerous individuals as “foreign narcotics traffickers” located throughout Mexico and Colombia. A special focus of the designation is Alejandro Flores Cacho, who is alleged to be leading all transportation operations for the cartel.
Today’s designation prohibits U.S. persons from conducting transactions with the designees and freezes any assets they may have under U.S. jurisdiction. Cartel leader Joaquin Guzman was already designated a “significant foreign narcotic traffickers.”
Today’s action exposes the Sinaloa drug cartel’s cadre of pilots and operatives who coordinate the delivery and distribution of narcotics by air and sea from South America to Mexico and then on to the United States. Some of the drug networks and enterprises listed by the Treasury include an aircraft hanger located in Toluca, Mexico and a flight school in Cuernavaca, Mexico used to train pilots involved in drug trafficking.
Flores Cacho’s network operates a variety of front companies, including a restaurant, a cattle ranch, an agricultural business, a manufacturing and distribution firm, a sports management club, an electronics company, and an office supplies store.
The U.S. Treasury has designated nearly 800 businesses and individuals linked to 87 drug kingpins since June 2000.