Juan Collado's trial for fraud is annulled

Mexico.- Juan Collado will not be prosecuted for the crime of fraudfor the procedures he carried out to unlock 76.5 million euros in his bank accounts in the Principality of Andorra.

A federal court confirmed the cancellation of Juan Collado’s process, arguing that this crime can only be established when there is a complaint, victim and amountbut against the lawyer of former President Enrique Peña there was none.

When last July, a judge from the Federal Criminal Justice Center of the North Prison ruled in first instance that he would not be prosecuted, the Attorney General’s Office (FGR) announced that it would request an opinion from the Financial Intelligence Unit (FIU) to return to impute Collado.

The accusation against the lawyer refers to the fact that during his six-year term he filed a complaint against himself and managed to prevent criminal action against him, a determination that he used in 2018 so that the FGR will ask Andorra to unfreeze the money which he had insured since March 2015.

When they froze his accounts, Collado accumulated 40 million euros and in 2019, when he was arrested in Mexico City and Andorra again immobilized its capital, deposits had increased to 76.5 million euros.

At the moment, this is the only one of the four processes that the litigant has already managed to cancel in two judicial instances.

The other process against which he won an amparo, although only in the first instance, is the one that is being investigated in the common jurisdiction of Chihuahua for an embezzlement or deviation of 13.7 million pesos to the detriment of the state government. It is pending that a collegiate court definitively resolve this matter.

The other two processes that are underway are federal, one by organized crime and laundering of 24 million pesosrelated to the purchase of the Caja Libertad building in Querétaro, and another for an alleged tax fraud of 36.7 million pesos, in the 2015 financial year.

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J. A. Allen

Author, blogger, freelance writer. Hater of spiders. Drinker of wine. Mother of hellions.

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