Leader of the Jalisco New Generation Cartel was shot dead during a live concert in the Veracruz City on Friday night, according to a recently published article.

Illegal Activities of Jalisco New Generation Cartel

The Jalisco New Generation Cartel is the second most powerful and notorious organized crime group in Mexico who is responsible for shipping a bulk of fentanyl in the United States along with the Sinaloa cartel.

El Mencho, the cartel's big boss, is still remained hiding but the U.S. DEA issued already a hunt advisory for the El Mencho and offered a bounty of $10 million for anyone who can give any information about his location. However, it is believed that the leader is still in Mexico and is guarded by heavily armed men.

In a recently published article by Latin Post, El Mencho hired a group of an assassin called as Los 28 to kill the sons of El Chapo who are running their rival and most powerful cartel in Mexico and the U.S., the Sinaloa cartel.

CJNG Regional Leader Shots Dead

Francisco Navarette Serna, an alleged regional leader of CJNG, was shot and killed by armed assailants during a live concert in Veracruz City on Friday night. The incident was posted through Facebook by El Sol de Tierra Blanca local news outlet that Serna owns.

Until now, it still remained unknown the reason of the assailants for killing Serna. However, it can be recounted that Serna and his son were imprisoned in 2016 because of their involvement in the forced disappearance of five young people.

Police authorities reportedly alleged that the five young persons abducted were tortured and killed in a property with links to Serna. At this time, they are now seeing the possibility that the shooting and killing of Serna might have a connection to one of his previous criminal acts.

Meanwhile, CJNG experienced different two of its biggest blows this year. First, 600 members of their cartel were arrested in a joint effort by DEA and Mexican Police earlier this month. And second, 12 members of their cartel were tortured and burnt into fire by their another rival cartel.

Nearly 2,000 and $1.1 Billion Assets of CJNG Frozen

Days after the death of Serna, 2,000 bank accounts that have ties to CJNG including their assets that worth $1.1 billion were frozen by the Mexican financial authorities. This was made possible through a joint effort by Mexican officials and U.S. DEA.

Mexican Finance Ministry's Financial Intelligence Unit Chief Santiago Nieto Castillo said that around nearly 2,000 accounts that were linked to the Jalisco New Generation Cartel were blocked including 167 legal entities.

Castilo said that the U.S. DEA provided that information on the bank account but they did not give any information as to how much money is involved.

Moreover, President Andres Manuel Lopez Obrador also confirmed that the crackdown was led by Mexico's Ministry of Finance anti-money laundering unit and U.S. DEA. He also added that there was a request from the U.S. government because they hold information about the group's thousands of accounts.

Obrador said: "There will no longer be protection for any organized crime group; I will continue facing organized crime to maintain peace in the country."

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