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Extradition Cleared for Fred Machado as Espert Is Imputed in $200,000 Laundering Inquiry

Newly disclosed security reports indicate authorities documented Machado’s political financing years before the scandal surfaced.

Overview

  • Argentina’s Supreme Court authorized Machado’s extradition, and the presidency ordered administrative and diplomatic steps to transfer him to U.S. custody.
  • U.S. prosecutors in the Eastern District of Texas accuse Machado of cocaine‑trafficking conspiracy, money laundering, wire‑fraud conspiracy, and export and aircraft‑registration violations.
  • San Isidro federal prosecutor Fernando Domínguez imputed deputy José Luis Espert over an alleged $200,000 transfer linked to Machado, after which Espert resigned his legislative candidacy.
  • Media published a notarized consultancy contract with Machado’s firm Minas del Pueblo and a Bank of America record reflecting a $200,000 payment to an Espert account in New York.
  • Classified Ministry of Security reports prepared with U.S. DHS in 2021–22 detailed Machado’s aviation network, multiple cocaine‑laden aircraft incidents, and his financial and logistical support for Espert’s 2019 campaign.