Transnational Criminal Organization
Appears in 2 stories · Last updated Jul 1, 2026
As of July 2026: 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
As of May 2026: 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
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