![]() ![]() Other recent Kingpin Act designations have included Mexican cartel members and related corporate entities, and persons and entities related to Syria and Iran. It is designed to bring financial pressure against high-level foreign drug traffickers, terrorists, and related organizations by blocking their interactions with the U.S. Department of Treasury’s Office of Foreign Asset Control (“OFAC”). The Kingpin Act is administered by the U.S. ![]() Karner’s designation is based on evidence that, since 2000, Karner has run a global distribution network for anabolic steroids that has sold millions of steroid dosages worldwide, including to thousands of customers in the United States. This announcement, along with the identification of five other foreign persons and organizations, is only the 15th Presidential determination under the Kingpin Act since June 2000. BOSTON - Today President Barack Obama identified Mihael Karner as a Specially Designated Narcotics Trafficker, or “drug kingpin,” for purposes of sanctions under the Foreign Narcotics Kingpin Designation Act (the “Kingpin Act”). ![]()
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