US Treasury Issues Sanctions Targeting China-Backed Fentanyl Entities, Individuals

‘These individuals and entities, located in the People’s Republic of China and in Canada, are cut off from using the U.S. financial system.’

Fentanyl pills found by officers from the Drug Enforcement Administration are seen in this handout picture, in New York, on Oct. 4, 2022. Drug Enforcement Administration/Handout via Reuters

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced on Oct. 3 sanctions against 28 individuals and entities involved in a network that sends foreign fentanyl over the nation’s borders.

The Justice Department (DOJ) also unsealed eight indictments against China-based chemical manufacturing companies and employees involved in fentanyl production.

Sanctions

The 14 entities and 14 individuals are responsible for manufacturing and distributing fentanyl, methamphetamine, and ingredients used to make MDMA, as well as trafficking potent drugs often mixed with fentanyl and other drugs. The majority of those sanctioned are in China. Two entities and one individual were based in Canada.