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AFA Money Flows Under Dual Probes as Records Trace $42 Million to Miami LLCs

Investigations focus on AFA’s U.S. agent after bank records show extensive flows through Miami and Uruguay.

Overview

  • U.S. authorities are reviewing TourProdEnter LLC’s accounts as Argentine investigators take videoconference testimony today from the listed buyers of a Pilar mansion linked in court filings to potential front men for AFA treasurer Pablo Toviggino.
  • Confidential banking data analyzed by La Nación show TourProdEnter moved more than $260 million since 2022, with at least $42 million wired to four Miami LLCs lacking employees or declared activity: Soagu Services, Marmasch, Velp and Velpasalt.
  • The Miami firms share red flags, including virtual-office addresses and the same registered agent service, while three list principals who live or work in Bariloche, according to the reporting.
  • The records also show $109.9 million routed to Adcap Uruguay Agente de Valores, which said clients used regulated vehicles and bond markets to make cross-border payments under Argentina’s currency controls.
  • Nearly $500,000 flowed from TourProdEnter to SOMA SRL and Cabello SRL, companies tied in records to Toviggino’s circle, and $40,000 went to former AFA finance chief María Florencia Sartirana, now his partner, according to the documents.