Treasury Department sanctions companies allegedly linked to timeshare fraud by Mexican cartel

, a scheme that has targeted Americans for years and has netted the criminal group millions of dollars, according to officials.

Owners of timeshare properties will be targeted through "complex and often yearslong" schemes, including timeshare exit and investment scams, the officials said.MORE: ABC Exclusive: Trump rally shooting 'unacceptable,' Secret Service director says "Cartels have operated the most reported timeshare frauds involving properties in Mexico," Roberts added.

According to the FBI, fraudsters will press victims to pay upfront fees or make multiple tax payments. The scam will go on for months with victims losing tens or even hundreds of thousands of dollars before they realize they've been scammed.

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