The US Treasury Department announced sanctions against the Jalisco New Generation Cartel (CJNG) for a network involved in time share fraud in Nayarit, Mexico.
On February 19, the US Treasury Department took action against the Jalisco New Generation Cartel (CJNG) by announcing new sanctions related to a time share fraud scheme operating in Nayarit. This action was enforced by the Office of Foreign Assets Control (OFAC), which targeted a tourist complex, 17 Mexican businesses, and five individuals associated with the network. These sanctions underscore the ongoing issues related to time share fraud in Mexico, which have impacted American citizens for decades, resulting in significant financial losses.
