U.S. targets two Mexicans linked to Sinaloa cartel

The U.S. Treasury Department on Tuesday targeted two Mexican companies, along with two Mexican men, for assisting the Sinaloa Cartel, led by drug lords Joaquín "El Chapo" Guzmán and Ismael "El Mayo" Zambada.

Through a statement, the U.S. government identified Juan Manuel Álvarez Inzunza as a money launderer, and José Olivas Chaidez as a distributor, and designated them as narcotics traffickers for their role aiding the cartel.

Consequently, the two men's assets in the United States are frozen and American citizens can not do business with them.

"Inzunza is a Mexico-based money launderer and drug trafficker who provides key money laundering services to high-ranking Sinaloa Cartel members," the department said, adding that Inzunza was arrested by Mexican authorities in March.