How the Argentine pilot who collects planes and that the US accuses of narco scammed millionaires
Federico “Fred” Machado, the Argentine businessman who will be extradited to USA accused of laundering drug money, he is also suspected of defrauding investors and lenders out of millions of dollars to acquire jets in which the organization transported cocaine, even for the sinaloa cartel.
In the request to the Argentine Justice, to which he agreed TN, texas prosecutor Ernest González explained the maneuver by which he would have generated profits of $350,000,000 since 2016.
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Like Leonardo Cositortocreator of Generation Zoebut on a much larger scale, “Fred” and his accomplices -Debra Lynn Mercer-Erwin, Kayleigh Moffett and Michael Assad Marcos- are accused of having used the ponzi scheme: the pyramid scheme by which investors are attracted to take loans that were paid with the funds of previous investors.
To understand the fraud and the way in which the gang managed to have a large fleet, it is necessary to explain how the illicit association in which the Argentine is involved operated. Born in Río Negro, Machado is considered a “big fish” of drug money laundering by the Airport Security Police (PSA) and was captured in Neuquén.
The prosecution pointed out that the transnational criminal organization acquired and…