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Argentina Moves to Extradite Fred Machado as Prosecutor Imputes Espert in $200,000 Case

Federal Police moved the businessman from house arrest to a detention unit in Viedma to await transfer to U.S. custody.

Overview

  • The Presidency instructed the Foreign Ministry, Legal Secretariat and Cabinet to execute the Supreme Court–approved extradition of Federico “Fred” Machado.
  • Argentina’s top court declared the U.S. request procedurally valid, with charges in Texas that include cocaine trafficking conspiracy, money laundering and wire fraud.
  • Police raided Machado’s residence near Viedma and relocated him to a detention facility pending handover to U.S. Marshals under timelines set by Argentina’s extradition law.
  • Federal prosecutor Fernando Domínguez formally imputed José Luis Espert for alleged money laundering tied to a US$200,000 transfer documented in U.S. court and bank records.
  • Machado publicly acknowledged paying Espert and criticized his denials, while polling shows the episode eroding confidence in the governing coalition ahead of the Oct. 26 vote.