The U.S. Treasury Department on Tuesday sanctioned two Mexico-based companies—a pharmacy and a frozen dessert company—that it said were owned by the Sinaloa Cartel.
The Treasury said the Sinaloa Cartel is “one of the most notorious and pervasive” drug trafficking organizations, responsible for the trafficking of vast amounts of illicit fentanyl and other drugs into the United States.
It said that members of the cartel have allegedly been using proceeds from illicit drug trafficking to establish businesses that can appear to operate legitimately.
The two Sinaloa-linked companies targeted in the sanctions are the Sonora-based Farmacia y Mini Super Trinidad pharmacy and Nieves y Paletas EVI, a frozen dessert business with multiple locations in Culiacan, Pueblos Unidos, and Tacuichamona….