Skip to Content

US Treasury sanctions a chain of ice cream shops and a pharmacy tied to the Sinaloa Cartel

Associated Press

MEXICO CITY (AP) — The U.S. Treasury Department has sanctioned a Mexican ice cream shop chain and a local pharmacy used as investments by drug traffickers. Mexican drug cartels often use the proceeds from international drug trafficking to establish businesses, pouring cash into anything from fraudulent timeshare operations to restaurants to launder money. The sanctions come days after the U.S. rejected accusations by Mexico’s President that the U.S. was partly responsible for a surge in cartel warfare that left at least 30 people dead in Sinaloa.

Article Topic Follows: AP National

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content