Feb 27 • 14:47 UTC 🇦🇷 Argentina La Nacion (ES)

AFAGate: Another account of Javier Faroni appeared in the U.S. that diverted more than $3 million to five phantom companies

U.S. authorities uncovered a new account linked to Javier Faroni that facilitated the diversion of over $3 million to phantom companies in Miami.

In the latest developments surrounding the AFAGate scandal, U.S. authorities have identified a new bank account linked to Javier Faroni's company, TourProdEnter, which is registered at PNC Bank. This account was revealed during ongoing legal discoveries and is believed to have processed approximately $13 million, of which more than $3 million was diverted to five phantom companies based in Miami. The presence of these undisclosed offshore entities raises concerns about potential financial misconduct involving Faroni and his wife, Erica Gillette.

The account's existence adds another layer to the legal troubles facing Faroni, who has been under scrutiny following previous discoveries. The diversion of funds to shell companies underscores the increasing complexity of the investigations into how revenue from the Argentine Football Association (AFA) is managed abroad. These findings not only implicate Faroni but also reflect broader issues of accountability and transparency in financial operations involving international entities linked to sports.

As the story unfolds, it raises critical questions about the integrity of financial practices in the sports industry and could lead to further investigations into other individuals and companies involved. The financial implications of these findings may result in stricter regulations and oversight, particularly for international financial transactions connected to sporting organizations.

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