August 26, 2018
The name of the singer is no longer on the list of blocked people to do business.
Julin Alvarez announced that the Financial Intelligence Unit of the Treasury (UIF) erased its name from the list of blocked people, after the US Treasury had appointed him to launder money for drug trafficker Ral Flores Hernandez.
"In Mexico we have decided to make a procedure to be excluded from the list of blocked people, we have filled in all requested information, we have bank accounts, documents and everything needed to demonstrate where I got my estate "said the singer. press conference
Ensure that you have been several times to present evidence that your income is legal until you reach a positive solution.
"We managed to get the UIF on 10 July to order the removal of Julin Alvarez Montelongo from the list of blocked people in Mexico," he said.
The singer also stated that he had already explained the origin of his income and that of his companies, so he hopes that their names will soon be removed from that list.
"We hope to get the liberation of our companies in the coming days, they are already in court," he said.
So far, the singer's name has only been removed from the list of blocked people in Mexico, but in the United States the investigation continues against the musician and his companies.
On 9 August 2016 Foreigners & # 39; Assets Control of the US Treasury Department (OFAC, for the abbreviation in English) placed Julin Alvarez and Rafael Mrquez Alvarez on their list of names of criminal organizations.
For the singer and the former footballer were related to Ral Flores, alleged leader of a money laundering network for the Sinaloa cartel and the Jalisco Nueva Generacin.
With information from Milenio