U.S. imposes sanctions on alleged Honduran drug gang

WASHINGTON (Reuters) - The United States on Wednesday imposed sanctions on a Honduran group it alleges is responsible for smuggling tens of thousands of kilograms of cocaine each month into the United States.

The U.S. Treasury Department said the group, called Los Valles, is one of the most prolific drug trafficking organizations in Central America. The Treasury also targeted four businesses it said the gang used to launder drug proceeds, including three coffee production companies and a cattle and milk firm.