The U.S. this week sanctioned Los Chapitos, part of the Mexico-based Sinaloa Cartel, which controls laboratories that insert fentanyl in counterfeit pills that are later trafficked to the U.S. The Office of Foreign Assets Control also sanctioned two fugitive leaders of Los Chapitos and a regional network of Los Chapitos associates and businesses based in Mazatlan, Sinaloa, Mexico. OFAC said they’re involved in drug trafficking, extortion, kidnapping, and money laundering.
The Office of Foreign Assets Control last week sanctioned more than 40 people and entities tied to Iranian brothers Mansour, Nasser and Fazlolah Zarringhalam, who have laundered billions of dollars’ worth of funds through the international financial system for Iran's “shadow banking” network, the Treasury Department said. The designations target front companies in the United Arab Emirates and Hong Kong along with "affiliated businessmen" and others who have ties to sales of Iranian energy.
Countries should “redouble” efforts to prevent sanctions violations involving North Korea, including “through enhanced screening and more stringent export control measures,” the Multilateral Sanctions Monitoring Team said in a recent report. The MSMT, the group formed last year by the U.S. and 10 of its close allies to report on North Korea-related sanctions evasion (see 2502210005), also called for scrutiny of cargo ships that may be transferring petroleum to or on behalf of North Korea, adding that member states should share lists of any vessels suspected of delivering oil to North Korea. The 30-page report also includes details about arms transfers between North Korea and Russia.
Incoterms, the rules that define the responsibilities of sellers and buyers in shipping contracts, don’t relieve shippers from their sanctions compliance obligations or modify sanctions-related requirements “in any way,” the European Commission said in recent guidance.
The Office of Foreign Assets Control this week sanctioned several people with ties to drug trafficking in Guyana, Colombia and Venezuela, including Mark Cromwell, Himnauth Sawh, Randolph Duncan, Paul Daby Jr., Yeison Andres Sanchez Vallejo and Manuel Salazar Gutierrez. OFAC said Guyana has been a transshipment point for drugs moving from South America to the U.S. and Europe for “decades,” including shipments of cocaine from Colombia and Venezuela and through the waters of Guyana and Suriname.
The U.S. this week sanctioned four International Criminal Court judges and issued several general licenses to authorize certain transactions with those judges or with the ICC that otherwise would be blocked by the Trump administration’s sanctions authorities against the judicial body (see 2502070022).
The U.K.'s Office of Financial Sanctions Implementation published a series of videos this week to provide guidance on sanctions administered by the agency as well as on reporting requirements, general and specific licenses, sanctions lists, and more. The U.S. Office of Foreign Assets Control also has published video guidance about complying with sanctions (see 2505230009).
The FBI is asking for information about people who may have been victimized by Funnull Technology Inc., the Philippines-based company that was sanctioned last month for providing computer infrastructure for hundreds of thousands of websites involved in virtual currency investment scams (see 2505290010). The agency said it’s investigating “fraudulent cryptocurrency investment platforms and companies,” and people who believe they have “fallen victim” to Funnull or another similar scammer should contact the FBI and provide “as many transaction details as possible, including cryptocurrency addresses, amount and type of cryptocurrency, date and time, and transaction ID (hash).”
The EU this week officially lifted sanctions against Syria (see 2505210030) except for certain restrictions related to the Bashar Assad regime and "those related to security," the European Commission said. "The EU stands ready to support the Syrian people in the rebuilding of their country, based on a Syrian-led and Syrian-owned process that provides for its people," the commission said. "The EU will continue monitoring developments on the ground, including inclusiveness, progress on reforms and accountability with regard to recent violence outbreaks, as well as the effects of the lifting of economic sanctions."
The Office of Foreign Assets Control this week sanctioned Philippines-based Funnull Technology Inc. and its administrator, Liu Lizhi, for providing computer infrastructure for hundreds of thousands of websites involved in virtual currency investment scams. OFAC said Americans lose billions of dollars annually in these scams, which are known as "pig butchering."