{"id":2421793,"date":"2025-04-09T17:44:03","date_gmt":"2025-04-09T21:44:03","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/treasury-department-publishes-investigation-into-fentanyl-finance-washington-examiner\/"},"modified":"2025-04-09T17:47:30","modified_gmt":"2025-04-09T21:47:30","slug":"treasury-department-publishes-investigation-into-fentanyl-finance-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/treasury-department-publishes-investigation-into-fentanyl-finance-washington-examiner\/","title":{"rendered":"Treasury Department publishes investigation into fentanyl finance &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftreasury-department-publishes-investigation-into-fentanyl-finance-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2421793&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The U.S. Department of the Treasury published a report detailing an investigation into the financial operations behind the fentanyl trade, marking it as a groundbreaking effort. The report, released by the Financial Crimes Enforcement Network (FinCEN), identifies the Sinaloa Cartel and the C\u00e1rtel de Jalisco Nueva Generaci\u00f3n as the main players in controlling the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-destructive-consequences-of-bidens-border-crisis\/\" title=\"Biden&#039;s border crisis has destructive consequences.\">fentanyl supply chain<\/a> from Mexico.These cartels source precursor chemicals and manufacturing equipment from China, utilizing covert laboratories to produce fentanyl for distribution in the United States.<\/p>\n<p>Treasury Secretary Scott Bessent emphasized the importance of collaboration with financial institutions in disrupting the illegal production and sale of fentanyl, which has significantly contributed to the U.S.opioid crisis\u2014resulting in over 250,000 overdose deaths as 2018. The report also highlights the use of refined money-laundering tactics by Chinese suppliers and facilitators in the U.S., and points out that fentanyl trafficking is concentrated in populous urban areas, particularly in states like California and Arizona. This pressing issue remains a focal point in U.S. diplomatic negotiations with China, Mexico, and Canada.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Treasury Department publishes &lsquo;first-of-its-kind&rsquo; investigation into fentanyl finance<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1629061\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>The <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/treasury-department\/\" target=\"_blank\" rel=\"noopener\" title=\"Treasury Department\">Treasury Department<\/a> published a &ldquo;first-of-its-kind&rdquo; investigation into the financial angle of the proliferation of fentanyl in the <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/united-states\/\" target=\"_blank\" rel=\"noopener\" title=\"United States\">United States<\/a>.<\/p>\n<p>On Wednesday, the U.S. Department of the Treasury&rsquo;s Financial Crimes Enforcement Network&nbsp;released a <a href=\"https:\/\/www.fincen.gov\/sites\/default\/files\/shared\/FinCEN-FTA-Fentanyl.pdf\" target=\"_blank\" rel=\"noopener\" title=\"report\">report<\/a> detailing the different legs of the fentanyl trade. According to the report, the Sinaloa Cartel and the C&aacute;rtel de Jalisco Nueva Generaci&oacute;n primarily control the fentanyl supply chain in Mexico. The <a href=\"https:\/\/amzn.to\/3YuVZYV\">groups obtain precursor chemicals<\/a> and manufacturing equipment primarily from <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3375307\/trump-pauses-tariffs-90-days-china-exports-125\/\" target=\"_blank\" rel=\"noopener\" title=\"China\">China<\/a>, the report alleged, and use secret laboratories to produce fentanyl, which is then sent to the U.S.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/crime\/3375115\/trump-administration-reinstates-ice-office-americans-victimized-illegal-immigrants\/\">Trump administration reinstates ICE office for Americans victimized by illegal immigrants<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/crime\/3375012\/democratic-boston-city-councilwoman-pleads-guilty-public-corruption-charges\/\">Democratic Boston city councilwoman pleads guilty to public corruption charges<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/3375079\/la-da-claims-lack-coordination-delayed-arrest-illegal-murder-suspect\/\">LA district attorney claims lack of &#8216;coordination&#8217; delayed arrest of illegal immigrant murder suspect<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>Treasury Secretary Scott Bessent praised the work of FinCEN in a <a href=\"https:\/\/home.treasury.gov\/news\/press-releases\/sb0075\" target=\"_blank\" rel=\"noopener\" title=\"statement\">statement<\/a>.<\/p>\n<p>&ldquo;As Treasury continues to prioritize combating the illegal production and trafficking of fentanyl, our <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/what-i-learned-at-the-aspen-ideas-reet-festival-sponsored-by-mastercard-paypal-and-prudential-in-partnership-with-bloomberg\/\" title=\"What I Learned at the Aspen Ideas RE$ET Festival Sponsored by Mastercard, PayPal, and Prudential in Partnership with Bloomberg\">public-private partnerships<\/a> are vital,&rdquo; he said. &ldquo;As today&rsquo;s analysis shows, the information we receive from financial institutions is a critical element in our ability to more effectively investigate and disrupt the malicious actors that profit off this unprecedented epidemic, and ultimately aids in the effort to save American lives.&rdquo;<\/p>\n<p>FinCEN found that China-based chemical suppliers market fentanyl precursor chemicals through public advertisements and e-commerce platforms. They also accept a wide range of payment methods.<\/p>\n<p>The cartels and their chemical brokers purchase the manufacturing equipment and precursor chemicals through front companies known as &ldquo;money mules&rdquo; and even U.S.-based intermediaries, according to the report, which suspected the use of sophisticated Chinese money-laundering organizations involved in fentanyl trafficking.<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/news\/senate\/3348081\/senate-passes-halt-fentanyl-act-drug-epidemic\/\" target=\"_blank\" rel=\"noopener\" title=\"SENATE PASSES HALT FENTANYL ACT TO CRACK DOWN ON DRUG EPIDEMIC\">SENATE PASSES HALT FENTANYL ACT TO CRACK DOWN ON DRUG EPIDEMIC<\/a><\/strong><\/p>\n<p>Fentanyl trafficking and sales in the U.S. were centered in populous states with sizable urban areas, including a notable presence in California and Arizona. Sales are primarily done in cash through individual, in-person transfers.<\/p>\n<p>Fentanyl has emerged as a major sticking point in the U.S.&rsquo;s negotiations with China, Mexico, and Canada, with President Donald Trump accusing the three of facilitating the drug&rsquo;s trafficking into the U.S. Over a quarter of a million Americans have died from a fentanyl overdose since 2018, more than every U.S. soldier killed in every war since World War II combined.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1629061\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1629061\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Treasury releases unique report on fentanyl financing<\/p>\n","protected":false},"author":2653,"featured_media":2421794,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/02\/AP24257616120027.webp","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[10250,10680,3976,49799,32076],"class_list":["post-2421793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-fentanyl","tag-finance","tag-investigation","tag-treasury-department","tag-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/02\/AP24257616120027.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2421793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2653"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2421793"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2421793\/revisions"}],"predecessor-version":[{"id":2421797,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2421793\/revisions\/2421797"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2421794"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2421793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2421793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2421793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}