FGR confirms extradition to Mexico of Rafael Olvera, owner of Ficrea, for money laundering

The General Prosecutor of the Republic (FGR) confirmed the extradition to Mexico from the United States of Rafael Olvera Amezcua, owner of the financial company Ficrea, who is accused in our country of the crimes of organized crime and money laundering for having defrauded Mexican savers.

The Prosecutor’s Office reported that after the steps taken before the authorities of the Customs and Immigration Control Agency, Division of Deportation Operations (ICE-ERO), of the Department of Homeland Security of the United States of America, and the binational coordination, This morning he was handed over to the Mexican authorities.

Rafael Olvera was handed over to elements of the Criminal Investigation Agency (AIC) at the Lincoln-Juárez Bridge, which connects the cities of Laredo, Texas and Nuevo Laredo, Tamaulipas.

The Prosecutor’s Office indicates him as likely responsible for the crimes of Operations with Resources of Illicit Origin and violation of the Popular Savings and Credit Law, with regard to the federal order.

Upon his arrival in national territory, the arrest warrants for the probable commission of the aforementioned crimes were completed.

A few days ago, Pablo Gómez Álvarez, head of the Financial Intelligence Unit (FIU) of the Ministry of Finance and Public Credit, assured that he was working with defrauded savers so that Rafael Antonio Olvera Amezcua would return the resources claimed by Ficrea savers.

Olvera was detained in Texas on May 29, 2019 by Interpol agents pursuant to an arrest warrant issued by Mexican authorities.

In November 2014, the National Baking and Stock Commission (CNBV) intervened Ficrea, a popular savings finance company, upon detecting irregularities in its financial reports for some 2,700 million pesos, which were used in transfers abroad, purchase of property and real estate not related to the company’s activities, as well as personal expenses of partners.

The FGR indicated that Raphael Olvera is allegedly responsible for defrauding more than 7,000 people, mostly older adults through Ficrea. Those affected, for years, have asked the Mexican authorities to make the deported person available today.

The extradited person was transferred, by air, to Mexico City to put him at the disposal of the Federal Judge who requires it.

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