Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
Treasury targets Sinaloa Cartel in Sonora
The Department of the Treasury has announced that its Office of Foreign Assets Control (OFAC) has designated Mexican national Sergio Valenzuela Valenzuela (“Valenzuela Valenzuela”) as a Specially Designated Narcotics Trafficker pursuant to the Foreign Narcotics Kingpin Designation Act.
In addition to Valenzuela Valenzuela, OFAC also designated seven other Mexican nationals for providing material assistance to Valenzuela Valenzuela. These individuals include Valenzuela Valenzuela’s right-hand man, Leonardo Pineda Armenta, who directs operations for him, and six cartel lieutenants who ultimately report to Valenzuela Valenzuela: Gilberto Martinez Renteria, Jaime Humberto Gonzalez Higuera, Jorge Damian Roman Figueroa, Luis Alberto Carrillo Jimenez, Meliton Rochin Hurtado, and Miguel Raymundo Marrufo Cabrera. Additionally, OFAC designated two companies in Mexico for being owned or controlled by Rochin Hurtado and Marrufo Cabrera, Acuaindustria Narciso Mendoza, S.C. de R.L. de C.V. and Club Indios Rojos de Juarez, S.A. de C.V.
As a result of yesterday’s action, all property and interests in property of the designated individuals and entities that are in the United States or in the possession or control of U.S. persons must be blocked and reported to OFAC. OFAC’s regulations generally prohibit all transactions by U.S. persons or persons within (or transiting) the United States that involve any property or interests in property of designated or otherwise blocked persons.
- BankersOnline OFAC Update with identification information on the individuals and entities designated (and other OFAC SDN List changes)
- OFAC chart of the Valenzuela Valenzuela Cartel organization