{"id":121470,"date":"2026-02-18T16:23:44","date_gmt":"2026-02-18T21:23:44","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470"},"modified":"2026-02-18T16:23:44","modified_gmt":"2026-02-18T21:23:44","slug":"img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470","title":{"rendered":"IMG Academy set to pay nearly $2 million in fines after students’ parents linked to Mexican drug cartel"},"content":{"rendered":"
\n

IMG Academy, a renowned high school that has become a stepping stone for aspiring college and professional athletes, will pay a fine of nearly $2 million after it was found that two athletes\u2019 parents had ties to a Mexican drug cartel<\/a>.<\/p>\n

The U.S. Department of the Treasury\u2019s Office of Foreign Assets Control (OFAC) announced last week that the guardians of students at the Bradenton, Florida<\/a>, prep school committed 89 violations of counternarcotics sanctions.<\/p>\n

“As a result of IMG Academy\u2019s conduct, designated individuals who provided financial support and services to a sanctioned Mexican drug cartel were able to conduct commerce with U.S. persons and gain access to the U.S. financial system,” the OFAC said in a release.<\/p>\n

CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM<\/strong><\/a>\u00a0<\/strong><\/i><\/p>\n

The OFAC said that IMG Academy “would receive wire transfers from non-designated third-party individuals and entities, primarily located in Mexico,<\/a> into its bank account at a U.S. financial institution, for further credit to each student-athlete account.”<\/p>\n

“IMG Academy would also charge payments to credit cards that were on file for each student-athlete,” the OFAC continued. “In addition, when a positive end-of-year balance existed on either student-athlete\u2019s account, IMG Academy would apply the amounts from one academic school year to the next to satisfy a portion of IMG Academy\u2019s new (tuition enrollment agreements) with the respective (student’s guardian).<\/p>\n

The OFAC said IMG Academy showed “reckless disregard for U.S. sanctions requirements.”<\/p>\n

OLYMPIAN JOINS MICHAEL PHELPS IN RARE GOLD MEDAL TERRITORY AFTER WINNING 10TH EVENT<\/strong><\/a><\/p>\n

“Minimal due diligence at any point throughout this process would have revealed that these customers were sanctioned. This failure allowed numerous violations to occur over an extended period of time,” the OFAC said.<\/p>\n

“Although IMG may have lacked actual knowledge that the individuals with whom it dealt with were sanctioned, IMG Academy did have actual knowledge of the underlying transactions giving rise to the apparent violations. IMG Academy entered into annual tuition enrollment agreements directly with the SDNs, invoiced the SDNs by name, and routinely communicated with each of them about payment obligations or the processing of overpayments, credits, or refunds into each respective student athlete account.”<\/p>\n

IMG said in a statement that it “fully cooperated” with OFAC\u2019s investigation after it became aware of the guardians\u2019 status.<\/p>\n

“Since that isolated incident, extensive measures have been taken by IMG Academy to implement a comprehensive sanctions compliance program,” the school said, via The Athletic<\/a>.<\/p>\n

Notable alumni include J.J. McCarthy<\/a>, Evan Neal, Carnell Tate, Bo Scarbrough, Jonathan Isaac, and Nelly Korda, among dozens of other professional athletes.\u00a0<\/p>\n

Follow Fox News Digital\u2019s\u00a0<\/strong><\/i>sports coverage on X<\/strong><\/i><\/a>,\u00a0and subscribe to\u00a0<\/strong><\/i>the Fox News Sports Huddle newsletter.<\/strong><\/i><\/a><\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/sports\/img-academy-pay-nearly-2-million-fines-students-parents-linked-mexican-drug-cartel <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

IMG Academy, a renowned high school that has become a stepping stone for aspiring college and professional athletes, will pay a fine of nearly $2 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-121470","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"\nIMG Academy set to pay nearly $2 million in fines after students' parents linked to Mexican drug cartel - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMG Academy set to pay nearly $2 million in fines after students' parents linked to Mexican drug cartel - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"IMG Academy, a renowned high school that has become a stepping stone for aspiring college and professional athletes, will pay a fine of nearly $2 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470\" \/>\n<meta property=\"og:site_name\" content=\"Wall Street PR\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WallStreetPR\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-18T21:23:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2021\/06\/businessman-showing-business-evolution1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"715\" \/>\n\t<meta property=\"og:image:height\" content=\"423\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470#article\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/6e00efa2abc413bdc0bca51a90c54d36\"},\"headline\":\"IMG Academy set to pay nearly $2 million in fines after students’ parents linked to Mexican drug cartel\",\"datePublished\":\"2026-02-18T21:23:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470\"},\"wordCount\":474,\"publisher\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\"},\"articleSection\":[\"Market News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470\",\"name\":\"IMG Academy set to pay nearly $2 million in fines after students' parents linked to Mexican drug cartel - Wall Street PR\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#website\"},\"datePublished\":\"2026-02-18T21:23:44+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cablemanpro.com\/wallstreetpr\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IMG Academy set to pay nearly $2 million in fines after students’ parents linked to Mexican drug cartel\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#website\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/\",\"name\":\"Wall Street PR\",\"description\":\"Latest News From WallStreet\",\"publisher\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cablemanpro.com\/wallstreetpr\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\",\"name\":\"Wall Street PR\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png\",\"contentUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png\",\"width\":537,\"height\":70,\"caption\":\"Wall Street PR\"},\"image\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/WallStreetPR\/\",\"https:\/\/x.com\/WallstreetPRs\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/6e00efa2abc413bdc0bca51a90c54d36\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg\",\"contentUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg\",\"caption\":\"admin\"},\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/author\/admin\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IMG Academy set to pay nearly $2 million in fines after students' parents linked to Mexican drug cartel - Wall Street PR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470","og_locale":"en_US","og_type":"article","og_title":"IMG Academy set to pay nearly $2 million in fines after students' parents linked to Mexican drug cartel - Wall Street PR","og_description":"IMG Academy, a renowned high school that has become a stepping stone for aspiring college and professional athletes, will pay a fine of nearly $2 […]","og_url":"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470","og_site_name":"Wall Street PR","article_publisher":"https:\/\/www.facebook.com\/WallStreetPR\/","article_published_time":"2026-02-18T21:23:44+00:00","og_image":[{"width":715,"height":423,"url":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2021\/06\/businessman-showing-business-evolution1.jpg","type":"image\/jpeg"}],"author":"admin","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470#article","isPartOf":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470"},"author":{"name":"admin","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/6e00efa2abc413bdc0bca51a90c54d36"},"headline":"IMG Academy set to pay nearly $2 million in fines after students’ parents linked to Mexican drug cartel","datePublished":"2026-02-18T21:23:44+00:00","mainEntityOfPage":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470"},"wordCount":474,"publisher":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#organization"},"articleSection":["Market News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470","url":"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470","name":"IMG Academy set to pay nearly $2 million in fines after students' parents linked to Mexican drug cartel - Wall Street PR","isPartOf":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#website"},"datePublished":"2026-02-18T21:23:44+00:00","breadcrumb":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/img-academy-set-to-pay-nearly-2-million-in-fines-after-students-parents-linked-to-mexican-drug-cartel-121470#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cablemanpro.com\/wallstreetpr\/"},{"@type":"ListItem","position":2,"name":"IMG Academy set to pay nearly $2 million in fines after students’ parents linked to Mexican drug cartel"}]},{"@type":"WebSite","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#website","url":"https:\/\/cablemanpro.com\/wallstreetpr\/","name":"Wall Street PR","description":"Latest News From WallStreet","publisher":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cablemanpro.com\/wallstreetpr\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#organization","name":"Wall Street PR","url":"https:\/\/cablemanpro.com\/wallstreetpr\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/","url":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png","contentUrl":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png","width":537,"height":70,"caption":"Wall Street PR"},"image":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/WallStreetPR\/","https:\/\/x.com\/WallstreetPRs"]},{"@type":"Person","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/6e00efa2abc413bdc0bca51a90c54d36","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/image\/","url":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg","contentUrl":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg","caption":"admin"},"url":"https:\/\/cablemanpro.com\/wallstreetpr\/author\/admin"}]}},"_links":{"self":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/posts\/121470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/comments?post=121470"}],"version-history":[{"count":0,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/posts\/121470\/revisions"}],"wp:attachment":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/media?parent=121470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/categories?post=121470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/tags?post=121470"},{"taxonomy":"stock_ticker","embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/stock_ticker?post=121470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}