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Milei Signs Decree Authorizing Extradition of Businessman Fred Machado to the U.S.

Machado remains incommunicado in Viedma pending transfer to Buenos Aires for handover to Texas prosecutors.

Overview

  • U.S. authorities in the Eastern District of Texas charge Machado with five federal offenses, including cocaine trafficking conspiracy, money laundering, and wire fraud.
  • The U.S. Embassy’s extradition request was formally lodged with Argentina’s Foreign Ministry on June 11, 2021.
  • Federal Police re-detained Machado last week at the ranch where he was under house arrest and moved him to police facilities in Viedma.
  • Authorities are arranging his transfer to Buenos Aires, with an expected commercial flight to Texas, though no timetable has been confirmed.
  • Argentina’s Supreme Court recently rejected defense appeals, clearing the legal path for the executive to grant extradition, as the case continues to reverberate over Machado’s payments to deputy José Luis Espert.