Source: United States Department of Justice Criminal Division
DENVER – The United States Attorney’s Office for the District of Colorado announces that the Department of the Treasury Office of Foreign Assets Control (OFAC) has designated two distinct networks linked to the Sinaloa Cartel and its fentanyl trafficking activities. An OFAC designation means that an individual, entity, or organization is officially sanctioned by the United States Treasury, and their property and financial interests under U.S. jurisdiction are blocked from use or transfer. In the District of Colorado, a federal grand jury has indicted Rodrigo Alarcon Palomares, a Mexican national and associate of one of those Sinaloa linked networks, with three counts of laundering drug proceeds through cryptocurrency.