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Financier Maxi Vallejo Ordered to Appear on Money‑Laundering and Tax Charges Tied to AFA Contracts

The court cited evidence of large dollar flows through Sur Finanzas and froze assets as prosecutors say clubs and league contracts were used to integrate suspect funds

Overview

  • Vallejo was formally cited to appear before federal Judge Luis Armella and prosecutor Cecilia Incardona after papers filed on May 23–24 added charges that include association ilícita, money laundering and improper tax retention.
  • Prosecutors say seized contracts and files show Sur Finanzas and related firms moved more than $100 million and that roughly $108 million was ‘‘blanqueado’’ during Argentina’s 2020–2022 currency controls.
  • Investigators recovered folders labeled “CLUBES” and client lists showing operations with at least 16 clubs and large agreements with the Liga Profesional (about 600 million ARS), the Consejo Federal (about 200 million ARS) and a Barracas Central deal reported at 120 million ARS.
  • The probe highlights Club Atlético Banfield as a case study, where the fiscal alleges mutual loans carried usurious dollar rates—contracts noted a $500,000 loan with 3% monthly interest and a later 4% monthly rate—and several ex‑directors are under scrutiny.
  • Judicial measures include general asset inhibitions, travel bans, the freezing of Sur Finanzas‑linked companies and seizure of luxury vehicles, and prosecutors from PROCELAC signal further subpoenas and expanded actions against AFA officials and club directors.