Mexican AG’s office seizes millions in drug cartel assets

Assets, including real estate, vehicles, boats, jewelry, cash, bank accounts and animals, worth nearly 160 million pesos ($8.9 million) were seized from the Cartel Jalisco Nueva Generacion, the Mexican Attorney General’s Office said.

Authorities also confiscated $621,086 in cash in U.S. dollars, with the seizures coming “from the capture of several leading members” of the criminal organization, the AG’s office said in a statement.

“For the Attorney General’s Office of the Republic, one of the main tasks in the fight against organized crime is striking blows and weakening their financial structure,” the statement said.

Prosecutors seized 34 properties worth 91.6 million pesos ($5.09 million), with a hotel in the town of La Cruz de Loreto valued at an estimated 20.6 million pesos ($1.1 million).

A total of 139 vehicles, including luxury automobiles, worth at least 36.2 million pesos ($2.01 million) were seized from the cartel, the AG’s office said.

“Nine people linked to the said organization have been arrested during the investigations conducted. Currently, they are all facing criminal proceedings, including the son, a brother, the fatherinlaw and two brothersinlaw of this criminal organization’s principal leader,” the AG’s office said, referring to Cartel Jalisco Nueva Generacion boss Nemesio Oseguera Cervantes.

The Jalisco Nueva Generacion organization was created in 2010 as a cell of the powerful Sinaloa drug cartel and operated in Jalisco under the command of Ignacio “Nacho” Coronel.

Coronel’s death in 2010 triggered a turf war between the Jalisco Nueva Generacion cartel and La Resistencia, a gang allied with the Los Zetas cartel.