HALISTER1: U.S. Freezes Assets of Mexico-Based Ruelas Torres Organization

U.S. Freezes Assets of Mexico-Based Ruelas Torres Organization

(Bloomberg) -- The U.S. Treasury Department labels the so-called Ruelas Torres Drug Trafficking Organization of Mexico as a “significant” narcotics trafficker, and is freezing its accused members’ assets, the department says in a statement.
  • Treasury accuses the organization of manufacturing and distributing heroin, as well as laundering the proceeds from the U.S. to Mexico
  • Jose Luis Ruelas Torres and his organization “are major contributors to our nation’s heroin epidemic,” Secretary Steven Mnuchin says in the statement
  • “This action will hinder its ability to move and use the illicit proceeds from this activity,” Mnuchin says
To contact the reporter on this story: Saleha Mohsin in Washington at smohsin2@bloomberg.net To contact the editors responsible for this story: Sarah McGregor at smcgregor5@bloomberg.net Randall Woods

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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Steven Mnuchin (United States of America)

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