The United States Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning four individuals affiliated with La Nueva Familia Michoacana (LNFM), a Mexican cartel tied to deadly fentanyl trafficking, human smuggling, and violence.
Additionally, a federal grand jury sitting in the Northern District of Georgia is unsealing the indictments of the cartel’s co-leaders, and the State Department is offering rewards for information leading to their arrest and/or conviction. LNFM is designated as a Foreign Terrorist Organization and a Specially Designated Global Terrorist.
“Today’s action underscores our commitment to intensify the pressure on violent drug cartels like LNFM, who continue to traffic deadly fentanyl and other drugs, smuggle illegal aliens over our Southwest border, and attack law enforcement,” said Secretary of the Treasury Scott Bessent. “The Trump Administration will continue to use all available tools to target the cartels and other violent organizations that attempt to exploit our communities and harm Americans.”
A Press Release from the Treasury department released Tuesday afternoon states:
“Today’s action reflects ongoing coordination with the Drug Enforcement Administration, the Department of Justice, Homeland Security Investigations, and the Department of State. This action was also coordinated closely with Mexico’s Financial Intelligence Unit, La Unidad de Inteligencia Financiera.
Today’s action complements the unsealing of indictments of Johnny and Jose Alfredo Hurtado Olascoaga by a federal grand jury sitting in the Northern District of Georgia. Additionally, the Department of State announced Narcotics Rewards Offers of up to $5 million for information leading to the arrest and/or conviction of Johnny Hurtado Olascoaga and up to $3 million for information leading to the arrest and/or conviction of Jose Alfredo Hurtado Olascoaga.”
