The US Treasury Department announces sanctions and a bank alert targeting the Jalisco New Generation Cartel, naming two Mexican men and nine companies tied to a fuel theft ring that generates tens of millions annually.The Office of Foreign Assets Control designated firms in transportation, financial services and real estate after the Financial Crimes Enforcement Network warned banks about red flags for fuel smuggling from the US into Mexico that mask tax evasion.Treasury Secretary Scott Bessent says the measures expose how cartels are diversifying income beyond drug trafficking, and the Drug Enforcement Agency reports Jalisco New Generation operates in 21 Mexican states, surpassing the Sinaloa Cartel.Mexican authorities have seized millions of gallons of stolen fuel near the Texas border where cartels tap pipelines and run or coerce service stations, and the arrest of
Audias Flores Silva followed the killing of
Nemesio Oseguera Cervantes and violent reprisals that left more than 70 dead.