U.S hits Mexican accountants and firms with sanctions for timeshare scams that support drug cartel

FILE – The Treasury Building is seen in Washington, May 4, 2021. The U.S. on Tuesday imposed sanctions on a group of Mexican accountants and companies allegedly linked to a timeshare fraud ring run by the Jalisco New Generation drug cartel. Three accountants were sanctioned, along with four Mexican real estate and accounting firms. In addition, Treasury and the FBI sent a notice to banks reminding them to be vigilant in detecting and reporting timeshare fraud perpetrated by Mexico-based transnational criminal organizations. (AP Photo/Patrick Semansky, File)