Mexican Drug Cartel Steals Millions from Americans in Timeshare Scam

A Mexican drug cartel known for gruesome public slaughtering drained $40 million from Americans, and stole many elderly victims ' life savings without a drop of blood in 2022, according to FBI stats. It's part of a rapidly evolving timeshare scam run by the Jalisco New Generation cartel ( CJNG ) that is becoming more intricate, and is now estimated to be stealing hundreds of millions from Americans each year.

It started as a small operation in the Puerto Vallarta area and expanded to popular tourist spots like Cancun, according to the U.S. Treasury, which issued sanctions against seven fugitives and 19 Mexican companies connected to the scam last April. 'CJNG uses extreme violence and intimidation to control the timeshare network, which often targets elder U.S. citizens and can defraud victims of their life savings,' Secretary of the Treasury Janet Yellen said in Novembe

Mexican Drug Cartel Jalisco New Generation Cartel CJNG Timeshare Scam Stolen Money Elderly Victims Puerto Vallarta Cancun U.S. Treasury Sanctions

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