Jalisco New Generation Cartel (CJNG)

Money Moves

Target of the sanctions

On June 30, the U.S. Treasury froze the American assets of two Mexican men and nine companies, accusing them of funneling tens of millions of dollars a year to Mexico's most powerful cartel through a fuel-smuggling ring. Mexico's financial intelligence unit moved the same day, blocking 20 entities: the 11 OFAC targets plus nine additional people and firms it identified on its own.

Updated Jul 1

Force in Play

Leadership decapitated; retaliatory violence ongoing; succession uncertain

For more than a decade, Nemesio Oseguera Cervantes — known as El Mencho — built the CJNG into one of the world's most powerful drug trafficking organizations, with $50 billion in assets and operations spanning five continents. On February 22, 2026, the Mexican Army killed him during a coordinated raid near Tapalpa, Jalisco, ending a $15 million U.S. bounty manhunt.

Updated May 29