Owners of Mexico’s Big Bola Casino Chain Face Allegations of Money Laundering
Big Bola, a accompany that operates casinos in Mexico, is facing allegations it facilitates money laundering. This has led to authorities freezing certain cant accounts as effectual issues mount.
Mexico’s National Banking and Securities Commission (CNBV, for its Spanish acronym) ordered the blocking of 55 bank accounts of the gambling casino chain. For various reasons, from 2012 until now, federal authorities get investigated brothers Óscar y Francisco Javier Rodríguez Borgio, owners of Big Bola. Among these are alleged money laundering inward their casinos, the sale of adulterated fuel at their gaseous state stations and the temporary sale of the Gallos de Querétaro soccer team.
In this new make a motion past the CNBV, Comercial de Juegos de la Frontera, Big Bola’s corporate entity, tried to dispute the blockade. However, a adjudicate rejected the request. The halt may feature already been lifted. Unconfirmed reports past Big Bola, inward comments to media outlet Luces Del Siglo this week, suggest that the keep company now has access to the accounts.
Hung Up in Controversy
Big Bola operates 20 casinos in the states of Sinaloa, Estado de México, Veracruz, Campeche, Guanajuato, Querétaro, Puebla, Sonora and United Mexican States City. It also has had an online gambling situation since 2016.
Recently, the program went offline for unexplained reasons, although Mexico’s gaming regulator allegedly had shut it down. However, the situation later returned to normalcy.
Since July 2021, the Financial Intelligence Unit (UIF, for its Spanish people acronym) had already included Francisco Javier on its list of out of use(p) persons as voice of an investigating for alleged money laundering.
In addition, inwards May 2018, the Tax Administration Service (SAT, for its Spanish acronym) fined Big Bola MEX$591 1000000 (US$29.76 million) for omitting the payment of MEX$144 1000000 (US$7.25 million) of a special benefit on bets. It also allegedly unattended to include benefits to the Ministry of the Interior during the year 2014.
That year, Big Bola announced that he was negotiating with the SAT for payment. However, the ictus of accounts is single of the means past which the treasury can take in debts.
In the to the highest degree recent encirclement against Big Bola, the jurist did not clear up whether the blockade was a quest past the UIF, the SAT or past some other authority.
A Pattern of Irregularities
In addition, the Attorney General’s Office has also investigated the business community for the sale of stolen fuel to Pemex pipelines. They allegedly sold the fuel at gas stations inwards the north of the country. They allegedly laundered the profits through a bank, which later folded.
At the destruction of October 2020, the magazine Proceso published an clause stating that thither was an investigation inwards Kingdom of Spain against Francisco Javier. He was allegedly behindhand a cabal to assassinate José Guillermo Martínez Cárdenas and Lorenzo Sánchez Hidalgo, II Spanish businessmen.
The II Spaniards feature a sordid past times of their own. They allegedly tried to clout a scam on Francisco Javier during the sales agreement of belongings inwards Mexico. Interpol later arrested Martínez Cárdenas as constituent of a larger tangible landed estate investiture put-on involving the same Mexican property.
The assassination plan, if it existed, fizzled. However, according to media reports at the time, an individual with first-hand knowledge of the contrive was going to testify inward the case. The case-by-case was allegedly section of the Sinaloa Cartel.
Later, that case-by-case disappeared. Subsequently, allegations surfaced that the single received money inward take for lies and slander against the Rodríguez Borgio brothers. The assassination cabal was allegedly single of the fictitious stories.