US EditionMexico suspends 13 casinos for alleged money laundering
- On Wednesday, Mexican authorities suspended operations at 13 casinos alleged to have laundered millions overseas, part of a monthslong probe involving the United States.
- Prosecutors say the scheme began with stolen identities, then funds were transferred to overseas accounts of front businesses and moved into tax havens.
- Students, homemakers or retirees were reportedly given electronically prepaid cards or codes, which casinos then used to register windfalls of millions after small bets.
- Grupo Salinas responded that 13 casinos were suspended, denying wrongdoing, while Omar García Harfuch said three had ties to organized crime.
- The probe suggests that prosecutors say the laundered money was later sent back to Mexico through casinos or other companies, and the 13 companies involved allegedly had ties to organized crime.
27 Articles
27 Articles
Mexico City.- After an inquiry by the Federal Security Cabinet and areas of the Ministry of Finance and Public Credit (SHCP), it was revealed how companies launder money with casinos and entertainment centers through cash operations, but also with digital transfers. CLOSED Since November 11, it was reported through a statement that the federal government closed 13 casinos with digital establishments and platforms for their million dollar operati…
The authorities dismantled a money-laundering network, allegedly integrated with organized crime resources, which operated in Mexico and implemented a complex system to make it difficult to trace the funds, said Omar García Harfuch, Federal Secretary of Security.The holder of Security and Citizen Protection (SSPC) explained the modus operandi that the network used to wash up to 50 million pesos.
The government reveals the modus operandi of various casinos to launder money by using fake identities and simulated bets.
Two businesses of Salinas Pliego, under investigation / They used names and tokens to simulate illicit income / Gambling resources were sent to tax havens Juan R. Hernández / GRUPO CANTON Mexico City.- The investigations that led to the closure of 13 casinos for alleged money laundering “have legal support and evidence,” said [...] The post Investigations against casinos are legal: Sheinbaum appeared first on Quintana Roo Today.
13 casinos were formally reported by the federal government to the Attorney General's Office of the Republic (FGR) for alleged operations with resources of illicit origin and related crimes such as money laundering, authorities reported in an official statement. The investigations, based on a thorough financial analysis, revealed a money laundering network that, according to the authorities, was executed through atypical economic movements in ga…
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