**U.S. Accuses Mexican Banks of Fentanyl-Related Money Laundering**

Fri Jul 18 2025 08:31:54 GMT+0300 (Eastern European Summer Time)
**U.S. Accuses Mexican Banks of Fentanyl-Related Money Laundering**

The U.S. Treasury Department's allegations against Mexican financial institutions highlight the ongoing struggle against opioid trafficking and drug cartel operations.


The accusations threaten to escalate tensions between the U.S. and Mexico, as financial firms reject the claims and demand proof of illegal activity.

In a dramatic escalation of the ongoing fight against drug cartels, the U.S. Treasury Department has targeted three Mexican financial firms for allegedly laundering millions of dollars in connection with the illegal fentanyl trade. The investigation, which falls under the Trump administration's crackdown on opioid trafficking, highlights the increasingly complex relationship between the two countries as they grapple with the fallout of drug-related violence and addiction.

The accused firms, Vector Casa de Bolsa, Intercam Banco, and CIBanco, now face restrictions on certain financial transactions, a move that could further strain U.S.-Mexico relations. Accusations against Vector Casa de Bolsa, in particular, are drawing attention due to its control by Alfonso Romo, former chief of staff to ex-president Andrés Manuel López Obrador. This connection raises eyebrows as the leftist governing party, founded by López Obrador, has been working to combat the increasing influence of drug cartels.

In a statement, Vector denied the allegations, asserting that it operates under strict regulatory compliance and scrutiny, indicating that the transactions in question were standard dealings with legitimate businesses. Mexico’s Finance Ministry has echoed these sentiments, demanding evidence linking the firms to illegal activities. In response to the U.S. Treasury's assertions, the ministry pointed out that the wire transfers involved were to legal entities in China and are routine in international trade.

As both governments navigate the complexities of this crisis, it remains to be seen how this latest round of accusations will impact bilateral relations and efforts to address drug trafficking in North America.

MORE ON THEME

Wed, 16 Jul 2025 23:44:40 GMT

Tariff Threats and Drug Cartel Control: A Closer Look at U.S.-Mexico Relations

Wed, 16 Jul 2025 23:44:40 GMT
Wed, 16 Jul 2025 20:12:54 GMT

Thai Authorities Crack Down on Monastic Scandal Involving Extortion and Misconduct**

Wed, 16 Jul 2025 20:12:54 GMT
Wed, 16 Jul 2025 08:40:50 GMT

Monastic Scandal: Thai Woman Arrested for Blackmailing Buddhist Monks

Wed, 16 Jul 2025 08:40:50 GMT
Tue, 15 Jul 2025 20:15:59 GMT

U.S. and Indonesia Forge Tariff Deal Amidst Ongoing Trade Tensions

Tue, 15 Jul 2025 20:15:59 GMT
Tue, 15 Jul 2025 12:07:32 GMT

**US Imposes 17% Tariff on Mexican Tomatoes Amid Trade Dispute**

Tue, 15 Jul 2025 12:07:32 GMT
Mon, 14 Jul 2025 09:09:42 GMT

# Tariff Tactics: The Economic Impact of Trump's Trade Strategies

Mon, 14 Jul 2025 09:09:42 GMT
Mon, 14 Jul 2025 00:59:58 GMT

**Drought and Water Disputes: A Struggle for Survival Along the Mexico-Texas Border**

Mon, 14 Jul 2025 00:59:58 GMT
Sat, 12 Jul 2025 15:40:37 GMT

Trump Announces 30% Tariff on EU and Mexico, Escalating Trade Tensions

Sat, 12 Jul 2025 15:40:37 GMT
Tue, 08 Jul 2025 09:39:06 GMT

Mexican Company Thrives Amid Tariff Challenges

Tue, 08 Jul 2025 09:39:06 GMT
Sun, 06 Jul 2025 09:28:20 GMT

**Navigating Trade Challenges: Mexico's Manufacturing Shift Amid Tariff Uncertainty**

Sun, 06 Jul 2025 09:28:20 GMT
Fri, 04 Jul 2025 05:31:06 GMT

**China's Unspoken Concern: U.S. Debt and Political Divisions**

Fri, 04 Jul 2025 05:31:06 GMT
Tue, 01 Jul 2025 03:44:26 GMT

Key Witness in Lima Corruption Case Found Dead Ahead of Trial

Tue, 01 Jul 2025 03:44:26 GMT
Mon, 30 Jun 2025 15:43:38 GMT

Unraveling the Crisis: The Sinaloa Cartel's Fight for Survival

Mon, 30 Jun 2025 15:43:38 GMT
Mon, 30 Jun 2025 12:29:18 GMT

Key Witness Found Dead in Lima Corruption Trial

Mon, 30 Jun 2025 12:29:18 GMT
Mon, 30 Jun 2025 09:36:31 GMT

The Sinaloa Cartel Faces Turmoil Amid Internal Conflicts and Government Crackdowns**

Mon, 30 Jun 2025 09:36:31 GMT
Thu, 26 Jun 2025 16:59:35 GMT

SpaceX Debris Sparks Environmental Concerns Following Explosion in Mexico

Thu, 26 Jun 2025 16:59:35 GMT
Wed, 25 Jun 2025 18:10:34 GMT

**British Man Detained for Attempting Mock Wedding with Minor at Disneyland Paris**

Wed, 25 Jun 2025 18:10:34 GMT
Wed, 25 Jun 2025 12:41:56 GMT

Recent Fake Wedding Scandal in Disneyland Paris Raises Alarms on Child Safety

Wed, 25 Jun 2025 12:41:56 GMT
Wed, 25 Jun 2025 07:15:01 GMT

**British Man Arrested Over Fake Disneyland Wedding; Past Convictions Surface**

Wed, 25 Jun 2025 07:15:01 GMT
Tue, 24 Jun 2025 17:11:17 GMT

Shocking 'Mock Wedding' Incident at Disneyland Paris Involves British Convicted Offender

Tue, 24 Jun 2025 17:11:17 GMT

Follow us

© 2024 SwissX REDD UK ltd. All Rights Reserved.