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Mexico Freezes Accounts Tied to 'El Limones' After Arrest in La Laguna Extortion Probe

Officials say the freezes target suspected fronts to protect extortion victims, safeguarding the banking system.

Overview

  • The Financial Intelligence Unit of the Finance Ministry blocked bank accounts of close associates and companies linked to Édgar Ramírez Ortiz after detecting irregular transactions, according to the Security Ministry.
  • Authorities identify Ramírez Ortiz, known as El Limones, as a plaza boss and financial operator of a criminal cell tied to the Los Cabrera group operating in the La Laguna region.
  • Real estate, integrated services, and engineering firms were blocked after exhibiting patterns consistent with shell companies and no identifiable real economic activity.
  • Investigators flagged simulated payrolls, purchases of luxury vehicles, cash payments, and fractioned transfers as indicators of illicit proceeds.
  • Press reports note he was described as a CATEM organizing official, an assertion reported in media but not part of the official criminal findings.