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Four Sinaloa Cartel Figures Targeted Including Sons of “Chapo” Guzman
May 8 (Washington) – The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced today the designation of four key Sinaloa Cartel operatives, including two sons of Sinaloa drug lord Joaquin “Chapo” Guzman Loera.
Today’s action, pursuant to the Foreign Narcotics Kingpin Designation Act (Kingpin Act), prohibits United States persons from conducting financial or commercial transactions with these four individuals, and also freezes any assets they may have under the jurisdiction of the United States. Today’s action would not have been possible without the support of the DEA.
“In order to put organizations like the Sinaloa Cartel out of business, we must continue to utilize every tool available to ensure that these criminal groups and their associates cannot exploit the U.S. financial system,” said DEA Chief of Financial Operations John Arvanitis. “DEA is attacking the Sinaloa Cartel and other organizations at every level like never before, so they are put out of business and their leaders are brought to justice.”
OFAC is designating Ivan Archivaldo Guzman Salazar and Ovidio Guzman Lopez for their roles in the Sinaloa Cartel and the drug trafficking organization of their father, Joaquin “Chapo” Guzman Loera.
In 2005, Mexican authorities arrested Ivan Archivaldo Guzman Salazar on money laundering charges, however he was later released. Ovidio Guzman Lopez also plays a significant role in his father’s drug trafficking activities.
OFAC is also designating Noel Salgueiro Nevarez who is the head of the Sinaloa Cartel in the Mexican state of Chihuahua where a bloody turf war has claimed the lives of thousands. Mexican authorities arrested him in October 2011, and he remains in Mexican custody.
Ovidio Limon Sanchez is also designated by OFAC and is also currently in Mexican custody. He is a major operative for the Sinaloa Cartel in Sinaloa state. He was arrested in November 2011 by Mexican authorities. Additionally, in 2009, a jury in the U.S. District for the Central District of California returned an indictment against Ovidio Limon Sanchez, charging him with multiple counts of drug trafficking.
“OFAC will aggressively target those individuals who facilitate Chapo Guzman’s drug trafficking operations, including family members,” said OFAC Director Adam J. Szubin. “With the Government of Mexico, we are firm in our resolve to dismantle Chapo Guzman’s drug trafficking organization.”
Joaquin Guzman Loera and the Sinaloa Cartel were previously identified by the President as significant foreign narcotics traffickers pursuant to the Kingpin Act in 2001 and 2009, respectively.
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.