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News in English (USA) / 14.08.2025 / 04:00

US Sanctions Mexican Cartel for Timeshare Fraud Targeting Americans

The U.S. Treasury Department has imposed sanctions on leaders of the Jalisco Cartel Nueva Generación (CJNG) for their involvement in a sophisticated timeshare fraud scheme that has reportedly scammed elderly Americans out of millions of dollars. Operating out of tourist hotspots like Puerto Vallarta, the cartel is accused of using fraudulent offers to target unsuspecting victims. The sanctions serve as both a warning to Americans and a crackdown on organized crime funding, particularly as the cartel has been linked to broader criminal activities including drug trafficking.
U.S. Department of the Treasury (.gov), Fox News, U.S. Department of State (.gov), U.S. News & World Report, KJZZ, Washington Times, Temple Daily Telegram, upi.com, Latin Times, yahoo.com