OFAC Blocks Assets of Drug Traffickers Including Juan Jose Ponce Felix
Published Date: 2/27/2026
Notice
Summary
The U.S. Treasury’s OFAC just blocked the property of Juan Jose Ponce Felix and others for being involved in illegal drug trade and terrorism. This means Americans can’t do business with them, and their assets under U.S. control are frozen. The action took effect on September 18, 2025, signaling serious financial consequences for those listed.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Secondary Sanctions Risk Warning
The notice marks many listed entries with "Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886." This indicates a risk of secondary sanctions for parties who deal with the named persons or entities.
Assets Frozen; U.S. Transactions Prohibited
On September 18, 2025, OFAC placed the named individuals and entities on the SDN List and blocked all property and interests in property subject to U.S. jurisdiction. U.S. persons are generally prohibited from engaging in transactions with those listed.
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Key Dates
Department and Agencies
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