One could say that you’re nobody in the international criminal underworld until you make the U.S. Treasury’s designated kingpins list. This means that you (and possibly businesses associated with criminal activity) are cut off from the United States and its resources, pretty much. Two high-ranking members of El Chapo’s Sinaloa Cartel have now made that list, like their incarcerated leader.
On August 16, the Treasury’s Office of Foreign Assets Control (OFAC) designated Mexican nationals Juan Manuel Alvarez Inzunza, alias “King Midas,” and Jose Olivas Chaidez, alias “El Blanco,” as Specially Designated Narcotics Traffickers, becoming the latest Sinaloa Cartel operatives added to the so-called “kingpin” list. (See Treasury’s chart below)
Alvarez Inzunza “provides key money laundering services to high-ranking Sinaloa Cartelmembers,” including lieutenants who operate on behalf of cartel leaders Joaquín “El Chapo” Guzmán and Ismael Zambada Garcia, alias “El Mayo.” He was arrested in Mexicoin March 2016. Olivas Chaidez, meanwhile, runs a transnational drug trafficking cell that smuggles large quantities of cocaine into Southern California, according to Treasury.
The designation “represents a strategic blow to the Sinaloa Cartel’s ability to move illicit drugs and launder drug trafficking proceeds into Mexico, Central America, and South America,” said John E. Smith, Acting Director of OFAC.