Jalisco New Generation Cartel (CJNG)

Money Moves

Target of the sanctions

The U.S. Treasury froze the American assets of two Mexican men and nine companies on June 30, accusing them of running a fuel-smuggling ring that funnels tens of millions of dollars a year to Mexico's most powerful cartel. On the same day, Treasury warned banks to watch for the money moving through their accounts.

Updated Yesterday

Force in Play

Leadership decapitated; retaliatory violence ongoing; succession uncertain

For more than a decade, Nemesio Oseguera Cervantes — known as El Mencho — built the CJNG into one of the world's most powerful drug trafficking organizations, with $50 billion in assets and operations spanning five continents. On February 22, 2026, the Mexican Army killed him during a coordinated raid near Tapalpa, Jalisco, ending a $15 million U.S. bounty manhunt.

Updated May 29