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Treasury Targets Zambada Drug Trafficking Organization

​WASHINGTON – The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced the designation of a key Sinaloa Cartel operative, Jesus Reynaldo Zambada Garcia, as well as two companies in Mexico, for their ties to Sinaloa drug lord Ismael Zambada Garcia.  Today’s action, pursuant to the Foreign Narcotics Kingpin Designation Act (Kingpin Act), prohibits U.S. persons from conducting financial or commercial transactions with the designated individual and entities, and also freezes any assets they may have under U.S. jurisdiction.

Ismael Zambada Garcia and the Sinaloa Cartel were previously identified by the President as significant foreign narcotics traffickers pursuant to the Kingpin Act in 2002 and 2009, respectively. 

“OFAC continues to target Ismael Zambada Garcia and his drug trafficking and money laundering network to cripple their influence and deny them access to the U.S. financial system.” said OFAC Director Adam Szubin.  “This action is the latest in a series by OFAC to weaken and disrupt the operations of the Sinaloa Cartel, Ismael Zambada Garcia, and his organization.”
 
Jesus Reynaldo Zambada Garcia controlled a narcotics trafficking route via the Mexico City International Airport on behalf of his brother, and principal Sinaloa Cartel leader, Ismael Zambada Garcia.  Jesus Reynaldo Zambada Garcia was arrested by Mexican authorities in October 2008 and is awaiting extradition to the United States.
 
Treasury also designated two businesses located in Culiacan, Sinaloa for being owned or controlled by Zynthia Borboa Zazueta, who was designated by OFAC in May 2007 for acting for or on behalf of Ismael Zambada Garcia.  Zarka de Occidente S.A. de C.V. is an agricultural company, and Zarka de Mexico S.A. de C.V. is a retail clothing and accessories business.
 
Internationally, OFAC has designated more than 1,000 businesses and individuals linked to 94 drug kingpins since June 2000.  Penalties for violations of the Kingpin Act range from civil penalties of up to $1.075 million per violation to more severe criminal penalties. Criminal penalties for corporate officers may include up to 30 years in prison and fines up to $5 million.  Criminal fines for corporations may reach $10 million. Other individuals could face up to 10 years in prison and fines pursuant to Title 18 of the United States Code for criminal violations of the Kingpin Act.

To view a chart of this network, click here.
 
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Last Updated: 3/6/2012 10:54 AM