The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a critical alert detailing a sophisticated oil smuggling scheme orchestrated by Mexico-based transnational criminal organizations (TCOs), including the Jalisco New Generation Cartel (CJNG), Sinaloa Cartel, and Gulf Cartel. This operation involves the theft and illicit sale of crude oil from Mexico’s state-owned company, Petróleos Mexicanos (Pemex), across the U.S. southwest border.
According to the alert, these cartels collaborate with complicit Mexican brokers within the oil and natural gas industry to siphon off billions of dollars’ worth of crude oil. The stolen oil is then sold to small U.S.-based oil and gas companies operating near the border. This illicit trade not only fuels violence and corruption in Mexico but also undermines legitimate businesses in the United States.
In response to this growing threat, President Trump declared a national emergency on January 20, 2025, via Executive Order 14157, authorizing the designation of these cartels as Foreign Terrorist Organizations (FTOs). Subsequently, the Treasury Department has designated over 30 individuals and entities linked to these cartels under counterterrorism sanctions.
FinCEN urges financial institutions to remain vigilant and report suspicious activities related to this oil smuggling operation. Institutions are requested to reference the key term “FIN-2025-OILSMUGGLING” in their Suspicious Activity Reports (SARs) to aid in the identification and disruption of these illicit networks.FinCEN.gov
This alert is part of a broader effort by the U.S. government to dismantle the financial infrastructures of TCOs and protect the integrity of both national and international energy markets.
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By FCCT Editorial Team freeslots dinogame telegram营销
