U.S. Treasury Targets Cartel del Noreste with Sanctions
The U.S. Treasury Department has imposed sanctions on four individuals linked to Mexico's Cartel del Noreste, including hip-hop artist El Makabelico. The sanctions target key cartel members and aim to curb activities such as drug trafficking and money laundering. Social media platforms like YouTube have also taken action by terminating related channels.
The U.S. Treasury Department announced sanctions on Wednesday, targeting assets of individuals connected to the Mexico-based Cartel del Noreste. Among those sanctioned is popular hip-hop artist El Makabelico, who has millions of followers on social media platforms.
Treasury officials revealed that El Makabelico's concerts and events are utilized for money laundering activities that benefit the cartel. In response, YouTube has terminated channels associated with the artist following the Treasury's announcement.
DEL Records, the label associated with El Makabelico, has not responded to the sanctions. Washington emphasized the cartel's involvement in drug trafficking, extortion, and money laundering along the U.S.-Mexico border.
(With inputs from agencies.)
ALSO READ
Reliance Group chairman Anil Ambani appears before ED in Delhi for questioning in bank 'fraud' linked money laundering case: Officials.
U.S. Treasury Targets Cartel del Noreste and Hip-Hop Artist El Makabelico
Money Laundering Investigation Targets Suspended IAS Officer and Associate
Deadlock in Tornado Cash Founder Case: Jury Split on Money Laundering Charges
Pakistan's Biggest Money Laundering Scandal Unmasked in Luxury Vehicle Imports
Google News