Cali Cartel front-company sanctions (1995)
President Clinton used a new executive order to name Colombia's Cali Cartel and hundreds of its front businesses as Specially Designated Narcotics Traffickers. The goal was to freeze the commercial empire, not just the drug loads. Pharmacies, real estate, and finance firms landed on the list.
U.S. assets were blocked and American firms had to cut ties with the listed companies.
The approach became a template for attacking cartel finances, though many businesses simply re-formed under new names.
It is the original playbook for the June 30 action: sanction the accountants and shell firms, not only the gunmen.
