New York City U.S. Attorney Charges Six with International Money Laundering Scheme to Defraud Mexico Government of VAT Tax Refunds

On October 31, 2016, Preet Bharara, the U.S. Attorney for the Southern District of New York, along with other law enforcement officials, announced a complaint charging Carlos Djemal, Isidoro Haiat, Braulio Lopez, Max Fraenkel, Daniel Blitzer, and Robert Moreno with money laundering and wire fraud as well as conspiracy to commit these offenses.