Texas and U.S. authorities have charged a former official from the Mexican border state of Coahuila with money laundering, alleging he invested funds across South Texas that were stolen from government coffers. They are seeking to seize a dozen properties worth $20 million.
A pharmacy and a strip center near Encino Park, as well as commercial and residential properties here and in the Rio Grande Valley, were purchased with money embezzled from the government of Coahuila, investigators allege in court documents.
Hector Javier Villarreal, 41, the former Coahuila state treasurer, is wanted on money laundering and engaging in organized criminal activity charges in Bexar County, said Tom Kelley, a spokesman for the Texas attorney general’s office.
Villarreal, who’s at large, is also wanted in Mexico, where authorities say he falsified documents to borrow $222 million on the state’s credit, then shuffled the money to family in the United States.
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