Source: SFGate
“The U.S. Treasury Department imposed sanctions Wednesday on more than a dozen Mexican companies and four people it says worked with a powerful drug trafficking cartel to scam elderly Americans in a multimillion-dollar timeshare fraud. The network of 13 businesses in areas near the seaside tourist destination of Puerto Vallarta were accused of working with the Jalisco New Generation Cartel, a group designated by the U.S. government as a foreign terrorist organization. In a scheme dating back to 2012, four cartel associates are accused of defrauding American citizens of their life savings through elaborate rental and resale schemes, according to a Treasury statement. In the span of six months, officials said they were able to document $23.1 million sent from mostly people in the U.S. to scammers in Mexico.” (08/13/25)
https://www.sfgate.com/news/world/article/us-sanctions-mexican-drug-cartel-associates-20815962.php