The Airport Security Police (PSA) seized a vast luxury car collection and more than 30 million pesos in the framework of the case that investigates Federico Mascoloa businessman from Córdoba arrested in December 2023 for alleged money laundering.
After five raids carried out in recent days in Valle Escondido and Villa Allende, province of Córdoba, the security forces discovered that in one of the houses there was a Ferrari 208 GT4 Dino (a 1975 classic), a Porsche Cayman Sand Jaguar XJS Convertible, and BMW M3of the Audi (a TT Convertible and a Q3), and a Ducati motorcycle.
While in other homes a Mercedes Benz GLCand Volkswagen Golf a Husqvarna Svartpilen 401 motorcycle and a Yamaha boat valued at about 40 thousand dollars.
It remains to be seen what will happen to the seized vehicles. As reported Engine1in the event that the case progresses and the illicit origin of the funds used for its purchase is proven, the collection could go to judicial and public auction.
Who is the arrested businessman?
Federico Guillermo Máscolo has long been associated with several names in politics and public works in the province and municipalities of Córdoba, including former mayor Ramón Javier Mestre, according to The voice.
“EL TESTAFERRO”: WE SEIZE MILLIONAIRE ASSETS FOR MONEY LAUNDERING
After months of investigation, officers seized million-dollar assets from a man arrested for money laundering, after carrying out 5 raids in the province of Córdoba pic.twitter.com/a37wq9usJq— AIRPORT SECURITY POLICE (@seguropsa) April 3, 2024
The Cordoban media details that Máscolo is a construction businessman who since the beginning of the last decade was linked to public works. His companies (MB Constructora, Máscolo Constructora, MH SRL and MH Empresa de Servicios, among others) billed millions to the public administration.
However, given the inactivity of these companies and the lack of justifiable income, he was charged with the presumption of tax evasion.
