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MS-13 gang: Why US Treasury is after the gang's assets

MS-13 gang: The US has designated the violent MS-13 gang as a international criminal group on Thursday, an unprecedented crackdown targeting the finances of the US and Central America group.

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This handout photo provided by US Immigration and Customs Enforcement, taken June 23, 2008 in Washington, shows an example of a tattoo of the gang Mara Salvatrucha (MS-13). The Obama administration has labeled a violent Central American street gang as an international criminal organization subject to U.S. government sanctions, the first time this designation has been given to such a group.

(AP Photo/Michael Johnson, ICE)

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The Obama administration declared the ultra-violent street gang MS-13 to be an international criminal group on Thursday, an unprecedented crackdown targeting the finances of the sprawling U.S. and Central American gang infamous for hacking and stabbing victims with machetes.

The Treasury Department formally designated MS-13, or Mara Salvatrucha, a transnational criminal organization. The aim is to freeze it out of the U.S. financial system and seize what are estimated to be millions of dollars in criminal profits from drug and human smuggling and other crimes committed in this country.

The gang was founded by immigrants fleeing El Salvador's civil war more than two decades ago. Its founders took lessons learned from that brutal conflict to the streets of Los Angeles and built a reputation as one of the most ruthless and sophisticated street gangs, according to Immigration and Customs Enforcement Special Agent Jason Shatarsky.

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With as many as 10,000 members in 46 states, the gang has expanded far beyond its initial roots. Members are accused of major crimes including murder, kidnapping, prostitution, drug smuggling and human trafficking.

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