Treasury Slaps Sanctions on Drug Lords and Terror Financiers
Published Date: 10/6/2026
Notice
Summary
The U.S. Treasury’s OFAC just blocked the property of Rafael Buenrostro Martin and others for their roles in illegal drug trade and terrorism. From September 29, 2026, Americans can’t do business with these folks, freezing their assets under U.S. law. This move aims to cut off their money flow and stop bad activities fast and firmly.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Assets frozen; U.S. persons barred
On September 29, 2026, OFAC added the named individuals and entities to the Specially Designated Nationals and Blocked Persons (SDN) List. All property and interests in property subject to U.S. jurisdiction of those listed persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
Designations under EO 14059 and EO 13224
OFAC designated the named persons pursuant to Executive Order 14059 (on the global illicit drug trade) and Executive Order 13224 (blocking persons who commit or support terrorism). Many entries explicitly note a "Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended."
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Key Dates
Department and Agencies
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