The District V Regional Prosecutor’s Office based in Chapala reports the arrest and link to judicial process of two local businessmen accused of committing the crime of administrative fraud against a deceased investor in a shopping center located in the municipality.
The suspects, identified as Omar O. and Carlos Alberto D., allegedly perpetrated a sham for an amount exceeding 224 million pesos, according to a complaint lodged by the investor’s heirs who claim rights to a percentage of proceeds from the business venture.
In a press release issued by the Fiscalia del Estado, the authorities point out that Investigation of the case stems from a prior complaint filed in 2008, in which it was established that the offended party and the accused created an association to sell and lease premises for the operation of a commercial complex located on the Chapala-Jocotepec highway at the intersection of the Libramiento bypass. The two business partners allegedly continued administrating the center without carrying out proper financial formalities, presumably illegally profiting from the dead investor’s assets.
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