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Fugitive Leaders Seized at Border as $430,000 Found in Mar del Plata Bank Boxes

Investigators have entered a second phase focused on following the money flows left by the clandestine casinos.

Overview

  • Gendarmería detained Joaquín Otero Cao and Guillermo Pinarello at the Puerto Iguazú crossing as they attempted to leave Argentina.
  • Under orders from Judge Santiago Inchausti and prosecutor Laura Mazzaferri, Federal Police opened safety-deposit boxes in Mar del Plata and recovered US$430,000, ARS 3.5 million and documentation.
  • Authorities say the network managed unlicensed online casinos, including versions of casino365online.net, from a hub in the El Rumencó gated community.
  • Investigators describe a laundering pipeline using third-party mule accounts and fragmented transfers, with proceeds later routed into cryptocurrencies, shell firms and high-value goods.
  • Earlier raids netted arrests of Franco Saraco and Gerardo Mendiola plus cash, electronics and high-end vehicles, and the federal case for illicit association and clandestine gambling remains active.