The U.S. Department of the Treasury today announced the designation of six companies and five individuals linked to the Mexican drug trafficking organization Los Gueros, one of which being the Mexican tequila company, Casa El Viejo Luis Distribuidora (a.k.a. Tequila El Viejo Luis).
The Treasury Department accuses Casa El Viejo Luis Distribuidora of channeling illicit funds for Mexico's "Los Gueros" gang. Under the Kingpin Act, the designation makes it illegal for U.S. citizens to do business with them and freezes their assets.
While Mexico’s drug gangs frequently invest their earnings in otherwise-legitimate businesses, Casa El Viejo Luis Distribuidora is one of the more high-profile companies to be exposed as a front for money laundering in recent years, even being promoted in South Africa during the 2010 World Cup.