U.S. Sanctions Gulf Cartel
This is a Texas news story, published by CBS News, that relates primarily to The U.S. Treasury Department news.
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Mexican fishing vesselsCBS News
•Drug cartel reeling in huge profits with illegal fishing of red snapper in the Gulf of Mexico, U.S. says
77% Informative
The U.S. Treasury Department announces sanctions against members of the Gulf drug cartel.
The cartel operates in the border cities of Reynosa and Matamoros , across from McAllen and Brownsville , Texas .
The department says the cartel uses fishing boats to facilitate drug and migrant smuggling.
Along the way, the boats catch tons of red snapper, a commercially valuable but vulnerable species.
The cartels sell their catch in Mexican border cities, where they are sometimes shipped into Texas for resale.
The U.S. imposed sanctions on a group of Mexican accountants and firms allegedly linked to the Jalisco cartel in a multi-million dollar scheme targeting Americans .
The Treasury Department also announced sanctions against eight targets affiliated with a Mexican drug cartel, La Nueva Familia Michoacana , accused of fentanyl trafficking and human smuggling.
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