MEXICO--Mexican authorities have asked the United States to arrest and extradite the head of a credit union accused of diverting millions of dollars from clients for personal use, including yacht trips.
An official from the Mexican attorney general's office said Friday the extradition order was issued over suspicions that Ficrea owner Rafael Olvera is hiding in neighboring United States.
In December, the financial regulator CNBV accused Ficrea's administration of diverting 2.7 billion pesos (more than $180 million) in savings from 6,000 clients to buy furniture and real estate and pay for trips.
AFP
