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Economy

US Treasury sanctions yakuza-owned companies

Americans barred from doing business with 2 companies and 4 individuals

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The U.S. Treasury Department has barred Americans from dealing with two companies and four individuals involved with the Yamaguchi-gumi crime syndicate.   © Reuters

TOKYO -- An office of the U.S. Treasury Department has announced that it has slapped sanctions on two companies and four individuals associated with the Yamaguchi-gumi, one of Japan's largest yakuza crime syndicates.

As a result, Americans and U.S. businesses are prohibited from dealing with the designated persons.

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