Justice has begun investigating a complex financial scheme involving the Argentine Football Association (AFA). According to current lines of investigation, it is suspected that at least US$50 million generated by the national team abroad were diverted, failing to meet their regulated final destination: the strengthening of local clubs. The case, being handled by federal judge Luis Armella with the intervention of federal prosecutor Cecilia Incardona, reconstructs a flow of funds that apparently passed through various companies registered abroad. One of these companies was responsible for managing and collecting AFA's income in the international market, a figure that globally reaches US$260 million. These funds would come from strategic contracts of the Argentine national team, including friendly matches, the agreement with Adidas, and the rights derived from the AFA Play streaming platform. The prosecution is trying to determine exactly what percentage of that capital was effectively liquidated to the association and why such a significant fraction would have gone missing along the way. In one of his most recent rulings, Judge Armella ordered Banco Coinag to provide a comprehensive report on all banking products, historical statements, and fixed-term deposits associated with the mentioned companies. While the banking institution assured that it strictly complies with the regulations of the Central Bank of the Republic Argentina (BCRA) and anti-money laundering laws, the investigation has already detected irregularities. As part of a pincer strategy, Justice has ordered a comprehensive appraisal of the assets of Club Atlético Banfield and the trust linked to that institution. Any discrepancy between what was collected abroad and what entered the country will be the main evidence of the alleged diversion. The investigation into Banfield's trust suggests that Justice suspects the money not only remained in foreign companies but that a portion of it may have re-entered the local system to finance operational or personal expenses of specific leaders, evading tax controls. If the use of apocryphal documentation for the purchase of assets is confirmed, the charges could be expanded to private instrument forgery and money laundering, which would significantly increase the expected sentences for those involved. Researchers maintain that these firms do not have a clear economic activity that justifies the multi-million dollar movements detected. The questioned amount is fragmented into transfers directed at five specific entities: Velpasalt Global LLC: US$14.7 million; Marmasch LLC: US$13.4 million; Soagu Services LLC: US$10.8 million; Dicetel: US$4.8 million and Velp LLC: US$3 million. At the center of the scene appears the firm TourProdEnter LLC, linked to entrepreneur Javier Faroni. The objective is to identify the 'ultimate beneficiaries' behind Soagu, Marmasch, and Velp. Graphological and Digital Expertise: Following the detection of the false accounting certification mentioned in the file, the seized electronic devices will be examined to determine who created that document and with what specific purpose the vehicles were acquired. External Flow Audit: Information from contracts signed with Adidas and income from AFA Play will be cross-referenced with the balances presented to the General Inspection of Justice (IGJ). This document would have been used for the acquisition of vehicles, a point that has already been accredited in the judicial seat. It is stated in the file that an accounting certification—attributed to a professional in the area—turned out to be false.
