US prosecutors have charged an individual in connection with an alleged $450 million loan scam that defrauded Mexican media magnate Ricardo Salinas. The accused allegedly sold stock collateral for personal gain.

<p>Ricardo Salinas didn’t become one of Mexico’s richest men by being foolish. But after being duped for hundreds of millions, he told the WSJ: “I feel like an absolute idiot.”</p> <p>The post <a href="https://mexiconewsdaily.com/business/ricardo-salinas-scammed-450m-charges-filed/">US files fraud charges over alleged US $450 million scam of Mexican media magnate Ricardo Salinas</a> appeared first on <a href="https://mexiconewsdaily.com">Mexico News Daily</a></p> <p><a href="https://mexiconewsda...