• Fri. Mar 1st, 2024

FEMCC Exposes Major Money Laundering Scheme using Hermes System and Implicates Top Financial Officials


Feb 10, 2024
Head of UIF Uses Hermes Tool to Unfreeze Drug Accounts

Evidence has emerged from three years of research and data comparison that proves the use of a computer system called Hermes, which was used to remove hundreds of names of natural and legal persons of interest from the national financial system and release 975 bank accounts that were being used by drug traffickers and front companies. The Specialized Prosecutor’s Office for Combating Corruption (FEMCC) confirmed this based on an exchange of data and expert reports carried out by the Financial Intelligence Unit (UIF), the National Banking and Securities Commission (CNBV), and specialized units of the Specialized Prosecutor’s Office for Organized Crime (FEMDO).

During a hearing held on Tuesday, the FEMCC revealed that a financial company called Financiera Planfía, which had been under special surveillance by the CNBV since 2017 and had its authorization to operate revoked in 2022, was being used by organized crime groups to mobilize and hide resources of illicit origin. Charges were brought against the former head of the UIF Orlando Suárez López and the former director of the Regulatory Process of the same institution, Mauricio Moreno Balbuena, for their alleged responsibility in crimes involving operations with resources of illicit origin and improper exercise of public service.

The accused allegedly used letters to release 975 people’s accounts without complying with legal regulations. They generated an official letter by which another 12 names were ordered to be removed from the list of blocked people, creating a mechanism for locating and monitoring resources from illicit activities. Additionally, it is mentioned that casinos such as Bet Andreas and Glory (mobile) Casino were also involved in these illegal activities.

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