U.S. Treasury blacklists companies affiliated with Mexican drug lord

Companies linked to drug trafficker Carlos Quintero face sanctions

In business, it’s not always what you do but who you know, and being associated with the wrong folks can have dire consequences. 20 firms – and one individual – found this out the hard way when the U.S. Treasury Department blacklisted them because of their associations.

In this case, the companies were sanctioned due to their links to drug trafficker Carlos Qunitero, who is based in the Guadalajara area. According to a statement by the Treasury Department, the companies are involved in businesses ranging from real estate to gasoline to fertilizers and pesticides.

Senior Editor and Community Manager

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Rich Steeves

Richard P. Steeves is Senior Editor and Community Manager of InsideCounsel magazine, where he covers the intellectual property and compliance beats. Rich earned a B.A....

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