The Attorney General's Office of the Republic in Mexico issued a new arrest warrant against Guillermo Álvarez, known as Billy Álvarez, who was detained south of Mexico City on January 16. This warrant is due to the alleged purchase of false tax receipts for an amount of 91 million 780 thousand pesos, arising from criminal case 294/2023.
Billy Álvarez is currently in preventive detention in the maximum-security prison of Altiplano, in the State of Mexico, following his arrest in Pedregal, Mexico City. In addition to this new charge, he faces accusations of organized crime and money laundering.
The new arrest warrant is related to alleged criminal activities linked to invoice companies that were used to simulate operational expenses of the Cruz Azul Cooperative, in order to evade taxes. So far, no investigation has been announced regarding the sports team. The initial hearing for Billy Álvarez was scheduled for January 21, but the businessman requested a 72-hour extension and declined to testify.
