Guillermo N, former president of the Cruz Azul Cooperative, is in the midst of a new chapter in his case, after the Attorney General's Office raided his residence in the south of Mexico City. Journalist Antonio Nieto confirmed the news, stating that elements of the FEMDO stormed Billy Álvarez's home in the Jardines del Ajusco neighborhood, the same place where he was arrested.
FEMDO agents carried out the raid into the early hours of the morning at Guillermo's residence, linked to money laundering and organized crime.
Hours after this raid, a federal judge decided to link Billy Álvarez to the process, accused of organized crime and money laundering during his term as an executive of the Cooperative. A four-month period was established to conduct a thorough investigation of the crimes attributed to him.
After his detention on January 16, Billy Álvarez was placed in the high-security Altiplano prison in Almoloya de Juárez, State of Mexico. He will face two processes, as in addition to the original charges, he received a new arrest warrant on January 21 for allegedly having acquired false tax receipts totaling 91 million 780 thousand pesos.
