US sanctions horse racing network tied to the Northeast Cartel
The United States Treasury says the cartel laundered millions through quarter horse racing in the U.S. and still controls Nuevo Laredo’s top racetrack. The post US sanctions horse racing network tied to the Northeast Cartel appeared first on Mexico News Daily
The U.S. Department of the Treasury has imposed sanctions on a horse racing enterprise allegedly controlled by the Cartel del Noreste (CDN), a criminal organization based in Nuevo Laredo, Tamaulipas. The Office of Foreign Assets Control (OFAC) designated four individuals and eleven entities connected to CDN, highlighting the cartel's diverse commercial footprint, which includes quarter horse racing, construction, trucking, and the oil and gas sector.
The Texas-based organization has a history of money laundering through the American Quarter Horse racing industry, with funds used to support operations between 2008 and 2012.
Among the sanctioned individuals are Gamaliel Garza García, a Mexico-based businessman, horse racing enthusiast, and associate of CDN; Garza García's son, Gamaliel Garza Elias; Pablo César Guajardo Álvarez, a current CDN plaza boss of Nuevo Laredo and former leader of CDN’s sicarios; and Francisco Javier Inzunza Partida, a dispatcher for Tamex, a Tamaulipas-based trucking company involved in narcotic smuggling into the U.S. One of the sanctioned entities, Club La Molienda, is a horse racetrack, restaurant, and bar located near Nuevo Laredo, controlled by CDN and generating revenue for the cartel through entrance fees and spectator charges.
Written by urgent.news from Mexico News Daily's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
