US Treasury sanctions Hysa network over alleged casino money laundering in Mexico
The US Treasury announced sanctions against the Hysa Organized Crime Group, alleging that the network used Mexican gambling establishments to launder drug-trafficking proceeds with the Sinaloa Cartel. FinCEN proposed a special measure to cut 10 Mexico-based gambling establishments off from the US financial system, while Mexico’s Finance Ministry said it had blocked 24 companies and seven individuals.
The measures impose asset freezes and proposed financial restrictions affecting gambling businesses and people linked to the alleged laundering network.