2026-07425NoticeWallet

Treasury Freezes Assets of Drug-Terror Link Man in Crackdown

Published Date: 4/16/2026

Notice

Summary

The U.S. Treasury’s OFAC just blocked the property of Jesus Reymundo Ramos Vazquez for his role in illegal drug trade and terrorism. From April 14, 2026, Americans can’t do business with him, and any money or property he has under U.S. control is frozen. This move sends a clear message: shady dealings won’t be tolerated, and the clock is ticking for anyone connected.

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Analyzed Economic Effects

3 provisions identified: 0 benefits, 3 costs, 0 mixed.

U.S. Persons Barred From Transactions

On April 14, 2026, the Office of Foreign Assets Control (OFAC) added named individuals and entities to the Specially Designated Nationals (SDN) List. U.S. persons are generally prohibited from engaging in transactions with those listed persons, meaning Americans and U.S.-based businesses must not do business with them.

Funds and Property Under U.S. Jurisdiction Frozen

OFAC stated that all property and interests in property subject to U.S. jurisdiction of the listed persons are blocked effective April 14, 2026. Any money or assets those persons hold under U.S. control are frozen and cannot be accessed or transferred by those persons.

Listed Parties Carry Secondary Sanctions Risk

The notice records a 'Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended' for the named individuals and entities. The designation text explicitly marks those persons with that secondary sanctions risk language.

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Key Dates

Effective Date
Published Date
4/14/2026
4/16/2026

Department and Agencies

Department
Independent Agency
Agency
Treasury Department
Foreign Assets Control Office
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