(Archived Content)
JS-2057
The U.S. Department of the Treasury today identified the electronic money transfer business, SERCUBA, as a national of Cuba.
As we have seen, the Castro regime uses a variety of schemes and businesses located not only in Cuba, but also in countries around the world to feed its military and security infrastructure instead of the Cuban people. Today, we are financially isolating SERCUBA to make it more difficult for the Cuban regime to obtain the hard currency it uses to oppress its own people and to prop up its government, said Juan Carlos Zarate, Treasury's Assistant Secretary for Terrorist Financing and Financial Crime.
SERCUBA provides a means by which U.S. persons can forward remittances to Cuban nationals via a third country or through SERCUBA's own website. SERCUBA has a call center in Havana and sixteen offices located in Cuba, along with two offices abroad one in Italy and one in Spain. The entity is organized under Cuban laws and is supported by Cimex, a Specially Designated National of Cuba.
Persons subject to U.S. jurisdiction may not engage in any transactions with SERCUBA unless authorized by Treasury's Office of Foreign Assets Control (OFAC), and all property of SERCUBA that is in the possession of persons subject to U.S. jurisdiction is blocked.
Today's action is part of the on-going effort by President Bush and his Administration to choke off dollars streaming to the Castro regime and to make it more difficult for the Cuban government to harden its internal security and military infrastructure. These efforts are part of the Bush Administration's overall strategy to hasten the day when the people of Cuba can live free, democratic lives. Both in October 2003 and May 2004, President Bush announced stepped-up enforcement of U.S. laws prohibiting travel-related transactions with the island.
Treasury's identification of Cuban-controlled businesses furthers these efforts by cutting the designees out of the U.S. financial system, therefore keeping more hard currency from flowing into the coffers of Castro's regime.
With today's announcement, the Treasury Department has now taken action against 13 Cuban-controlled entities since President Bush's October 2003 statement.
ENTITY
SERCUBA
a.k.a.: http://www.sercuba.com
Addresses
Gral. Gmez #105 e/ Maceo e Independencia, Camagey, Cuba
Calle 29 #5218 e/ 52 y 54 Edif. Cimex, Cienfuegos, Cuba
Libertad s/n, e/ Honorato del Castillo y Maceo, Ciego de vila, Cuba
Calle 6 #408 esq. 3ra. Ave. Miramar Playa, La Habana, Cuba
Edif. Las Novedades altos Ave. Frank Pas e/ Segunda y Aven. Figueredo. Rpto. Jess Menndez. Bayamo, Granma, Cuba
Crombet s/n e/ Los Maceos y Moncada, Guantnamo, Cuba
Frexes #216 e/ Maceo y Mrtires, Holgun, Cuba
Ave. 1ro. De Mayo s/n. Moa, Holgun, Cuba
Vicente Garca #28 e/ Julin Santana y Francisco Vega. Tienda La Nueva, Las Tunas, Cuba
Calle 40 esq. Playa. Varadero, Matanzas, Cuba
Calle Ayuntamiento e/ Medio y Ro, Matanzas, Cuba
Gerardo Medina #633, Pinar del Ro, Cuba
Independencia #171 Sur, altos, Sancti Spritus, Cuba
Flix Pea #565 e/ Jose A. Saco y Aguilera, Santiago de Cuba, Cuba
Carretera Central Km. 298 Banda Esperanza, Villa Clara, Cuba
Calle 39 e/ 30 y 32 Altos del Servi Cupet El parque, Isla de la Juventud, Cuba.
For more information on previous identifications of Cuban-controlled entities, please visit the links below:
http://www.treasury.gov/press/releases/js1161.htm
http://www.treas.gov/press/releases/js1240.htm
http://www.treasury.gov/press/releases/js1852.htm