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news El Financiero 2026-06-02

Mexican Authorities Investigate 'El Caballito' for $12 Billion Fake Invoice Scheme

Mexican authorities are investigating an organization known as 'El Caballito' for allegedly operating a network of shell companies to issue fake invoices. The scheme is suspected of facilitating tax evasion and money laundering, with over 12 billion pesos in fraudulent documents.

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