Overview

• Federal judge Santiago Inchausti processed dozens of executives and associates for illegal financial intermediation, unauthorized savings-taking, aggravated money laundering and criminal association tied to the Cuadernos corruption case.
• The order imposes embargoes of 50 billion pesos on principal defendants and 10 billion on others, and authorizes anticipatory confiscation from the estate of the late Jonestur leader Francisco García Navarro, including properties and corporate holdings.
• Defendants were not placed in pretrial detention, with the court citing their compliance with summonses and fixed residences as the case advances under restraint measures.
• Investigators outlined a scheme that took cash in Mar del Plata, layered it through offshore accounts at Banca Privada de Andorra via shell companies, and integrated funds into U.S. accounts and Miami real estate purchases, based in part on testimony from cooperating witness Sergio Todisco.
• International steps include a rogatory to Andorra to recover frozen balances, alongside prior admissions there by Oscar Rigano and Rubén Seret that brought more than €32 million in fines and nearly €8 million in forfeitures, as roughly €40 million remains blocked at BPA under a probe led by prosecutor Laura Mazzaferri with Procelac.