Treasury Department publishes 'first-of-its-kind' investigation into fentanyl finance

The Treasury Department published a “first-of-its-kind” investigation into the financial angle of the proliferation of fentanyl in the United States.

On Wednesday, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network released a report detailing the different legs of the fentanyl trade. According to the report, the Sinaloa Cartel and the Cártel de Jalisco Nueva Generación primarily control the fentanyl supply chain in Mexico. The groups obtain precursor chemicals and manufacturing equipment primarily from China, the report alleged, and use secret laboratories to produce fentanyl, which is then sent to the U.S.