In a brazen operation, a Mexican drug cartel has been targeting elderly Americans through a series of scams, even going to the extent of posing as officials from the U.S. Treasury Department. The Office of Foreign Assets Control (OFAC) has described the scam and has been actively pursuing the scammers involved.
The gang's operators, linked to the Jalisco Cartel — New Generation (CJNG), have been using call centers to promote bogus offers to buy timeshare properties from Americans. These fraudulent activities have resulted in swindling at least 600 Americans out of an estimated $40 million. Additionally, the scammers have gone as far as contacting individuals, claiming to be employees of OFAC, and offering to release funds supposedly frozen by the U.S. agency.