OFAC Blocks Property of 4 Transnational Criminal Organizations
The Office of Foreign Assets Control has blocked four entities whose property and interests in property are blocked pursuant to Executive Order 13581of July 24, 2011, "Blocking Property of Transnational Criminal Organizations." The four blocked entities are (1) The Brothers'…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
Circle (a.k.a. Moscow Center; f.k.a. Family of Eleven; f.k.a. The Twenty); (2) Camorra of Naples and Campania, Italy; (3) Yakuza (a.k.a. Boryokudan; a.k.a. Gokudo) of Japan; and (4) Los Zetas of Mexico. As a result, U.S. persons are prohibited from engaging in any transactions with designees and any assets they have under U.S. jurisdiction are frozen. OFAC has also updated its Specially Designated Nationals list to include these designations.