CRUZ AZUL FOOTBALL CLUB OWNERS “BEING INVESTIGATED FOR MONEY LAUNDERING AND LINKS TO ORGANISED CRIME”

On 29 May, FM State of Mind in Mexico reported claims that Cruz Azul, one of the Mexico’s biggest teams, and the highest-ranked club before the 2020 league was suspended has seen its owner and executives had their bank accounts frozen in the middle of a criminal investigation. It says that the Cooperativa La Cruz Azul cement company and it is its owner — Guillermo Alvarez Cuevas — along with other higher-ups — Jose Alfredo Alvarez and Victor Manuel Garces — who are being investigated by Mexican authorities for suspicion of money laundering and possible links to organised crime.

https://www.fmfstateofmind.com/2020/5/29/21274314/cruz-azul-owners-being-investigated-for-money-laundering-links-to-organized-crime-liga-mx-narcos

 

 

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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