Former Mexico official pleads guilty in corruption probe

09/17/14 Reuters

justice-systemA former top official in the northern Mexican state of Coahuila, whose case became a symbol of Mexican government corruption, has pleaded guilty in Texas to federal money laundering charges, according to court documents. Hector Javier Villarreal Hernandez was charged in Mexico with using his position as Coahuila’s Secretary of Finance to take out nearly a quarter billion dollars in fraudulent loans between 2008 and 2011, using the credit of the state as collateral.

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