Two new Kingpin Act designations

OFAC has issued a press release announcing it has designated two Mexican property management companies -- Yorv Inmobiliaria and Grupo Segtac, S.A. de C.V. -- linked to Abigael Gonzalez Valencia, the leader of the Los Cuinis Drug Trafficking Organization (Los Cuinis DTO). OFAC designated the Los Cuinis DTO and its leader, Gonzalez Valencia, on April 8, 2015. OFAC designated the two Mexican companies as Specially Designated Narcotics Traffickers (SDNTs) pursuant to the Foreign Narcotics Kingpin Designation Act (Kingpin Act). As a result of this action, any assets these designees may have under U.S. jurisdiction are frozen, and U.S. persons are generally prohibited from engaging in transactions with them. See OFAC's SDN Update for identification information.