Overview
- Guillermo “Billy” Álvarez died on Saturday, May 30, 2026, after being transferred from the maximum‑security Altiplano prison to a hospital in Toluca, authorities confirmed.
- He was facing federal charges of organized crime and operations with resources of illicit origin that followed a 2020 investigation by the Unidad de Inteligencia Financiera and arrest orders that led to his capture in January 2025.
- The UIF and prosecutors have alleged irregular transfers and simulated invoicing tied to Álvarez, with reported findings of more than 1.3 billion pesos in suspicious movements and hundreds of millions in dubious invoices.
- Álvarez had spent years as a fugitive after the 2020 orders, was detained in Mexico City in January 2025, repeatedly sought medical accommodations during detention, and his defense had asked to move his process for health reasons.
- His family has not issued a public statement and his death ends his personal criminal proceedings while related civil, mercantile and criminal investigations into the Cooperativa La Cruz Azul and other individuals continue.