US Treasury Secretary Announces Sanctions Against Cartel Operating Here in Atlanta – WSB-TV Channel 2

“This is a horrible national crisis,” Yellen told Elliot.

She traveled to Grady to learn more about the fentanyl crisis, but she was also in Atlanta to announce what she was doing to combat it.

“This is going to be a fatal blow to the organization of this cartel, not only here in Atlanta but also in the United States,” said Robert Murphy of the Drug Enforcement Administration.

A few hours earlier, Channel 2 Action News was there as Yellen joined the Justice Department, DEA and IRS to announce new efforts to stop La Nueva Familia.

Law enforcement says the cartel is responsible for bringing fentanyl into Georgia, as well as heroin and cocaine.

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With the authority of the Treasury, the United States will now sanction the leaders of this cartel so that they can now not only go after these leaders, but also go after their money.

Yellen told Elliot that these cartels are essentially just companies that like to trade in U.S. dollars.

“And businesses have to make payments, receive payments when they earn income. They need places to store their funds and that all goes through the banking system,” Yellen said.

By cutting them off from American banks and American dollars, Yellen and American law enforcement hope that the La Nueva Familia cartel will wither and die.

“Our sanctions will deprive cartel leaders of their ill-gotten money and make it more difficult for them to bring deadly fentanyl onto our streets,” Yellen said.

Yellen announced that the Treasury was sanctioning eight leaders of this cartel.

They also send notices to banks across the country telling them of suspicious activity to watch out for.

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