What is El Caballito, the network dedicated to money laundering and counterfeiting that was dismantled
· Telemundo McAllen (KTLM)
The Mexican Attorney General's Office (FGR) announced the dismantling of a criminal network known as El Caballito, which was involved in money laundering and invoice forgery. Two leaders, Maikol ‘N’ and Salvador ‘N’, were arrested along with several associates. The operation, involving 440 personnel, targeted 30 properties across multiple states including Jalisco and Sinaloa, resulting in the seizure of 11 homes, 14 vehicles, and foreign currency. Authorities discovered that the group operated through 15 front companies to facilitate tax evasion, impacting the country's public finances. The operation was a coordinated effort with various government agencies.
AI summary · Source: Telemundo McAllen (KTLM) →
