Priv. Bosques de los Olivos 349, Lomas de San Isidro, Culiacan, Sinaloa, Mexico
Reg. ID
VARM881019HSLLZG05, C.U.R.P.
Official reason
Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Wilder Emilio Sanchez Farfan and Miguel Angel Valdez Ruiz pursuant to Executive Order (E.O.) 14059 for materially contributing to the illicit activities of major Mexican cartels to traffic cocaine into the United States. Today’s action is the result of collaboration between OFAC and the Drug Enforcement Administration. Miguel Angel Valdez Ruiz was designated for having engaged in, or attempted to engage in, activities or transactions that have materially contributed to, or pose a significant risk of materially contributing to, the international proliferation of illicit drugs or their means of production. Valdez Ruiz, a Mexican national, is a drug trafficker in Culiacan, Sinaloa, Mexico who imports cocaine from Ecuador and is supplied by and works directly with Sanchez Farfan. Valdez Ruiz serves as an intermediary between Sanchez Farfan and Ismael Zambada Garcia, a Sinaloa Cartel leader. Zambada Garcia, who was designated on December 15, 2021, pursuant to E.O. 14059, is the subject of a State Department Narcotics Rewards Program offer. Valdez Ruiz has direct contact with Zambada Garcia and is responsible for helping him receive Sanchez Farfan’s cocaine from Ecuador. Valdez Ruiz uses his fleet of private aircraft to transport cocaine from Ecuador to Sinaloa, Mexico. He coordinates with associates in Mexicali, Ensenada, and Tijuana, Mexico to transport cocaine from Sinaloa to the southern border of California and into the United States.
In 2019, a federal drug trafficking indictment was returned in the U.S. District Court for the Southern District of California against both Sanchez Farfan and Valdez Ruiz, who are currently fugitives from the charges.
Executive Order 14059 of December 15, 2021 Imposing Sanctions on Foreign Persons Involved in the Global Illicit Drug Trade
Regime
OFAC-horizontal
Target State
Drugs
Measures
Blocking Property, Suspending Entry
Official Information
President Biden signed a new Executive Order (E.O.) to modernize the U.S. Department of the Treasury’s sanctions authorities used to combat the illicit drug trade. This E.O. will provide the Treasury Department with new tools to tackle changes in the global illicit drug trade that substantially contributed to over 100,000 American overdose deaths in the 12-month period ending in April 2021.
This E.O. enhances the Department of Treasury’s authorities to target any foreign person engaged in drug trafficking activities, regardless of whether they are linked to a specific kingpin or cartel. It further enables Treasury to sanction foreign persons who knowingly receive property that constitutes, or is derived from, proceeds of illicit drug trafficking activities.
Under the new E.O., “Imposing Sanctions on Foreign Persons Involved in the Global Illicit Drug Trade,” the Office of Foreign Assets Control (OFAC) today designated 25 actors (10 individuals and 15 entities) in four countries for having engaged in, or attempted to engage in, activities or transactions that have materially contributed to, or pose a significant risk of materially contributing to, the international proliferation of illicit drugs or their means of production.
“The illicit drug trade threatens our national security, economy, communities, and families,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson. “More than 100,000 Americans died in just twelve months from a drug overdose, a record 28 percent increase that was driven largely by synthetic opioids, particularly fentanyl. Using President Biden’s new E.O., Treasury will deploy its sanctions authority with greater speed, power, and effect across the entire illicit drug ecosystem, especially those who profit from the death and misery of the opioid epidemic. We will continue working closely with our partners to reduce threats from these groups and disrupt their business models, including by stopping them from using the U.S. financial system.”
Today’s action targets individuals and drug trafficking organizations (DTO) based in Brazil, China, Colombia, and Mexico. Those sanctioned include individuals who traffic fentanyl, and its precursor chemicals, methamphetamine, cocaine, and heroin, as well as organizations that pose the greatest drug threat to the United States.
The new E.O. builds upon Treasury’s previous narcotics sanctions authorities, specifically E.O. 12978 (1995) and the Foreign Narcotics Kingpin Designation Act (Kingpin Act) (1999). Treasury designated eight individuals and entities under the new E.O. and is also applying the expanded tools of this authority to designate 17 individuals and entities previously sanctioned under other authorities.
