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Santander files fraud complaint against Mexican credit union


    Mexico City, Jan 15 (EFE).- Spain's Banco Santander, in its capacity as trustee of Mexico City's Justice Administration Support Fund, has filed a 110-million-peso ($7.5-million) fraud complaint against Mexican credit union Ficrea S.A., authorities said.

    It filed the complaint Tuesday with the Mexican Attorney General's Office, the capital's Superior Court of Justice, or TSJDF, said in a statement.

    Mexico's government shuttered and liquidated Ficrea in December after discovering fraudulent transactions totaling 2.7 billion pesos ($186 million).

    The CNBV banking and securities regulator announced the company's closure in December after finding proof of numerous irregularities and fraudulent transactions involving its customers' deposits.

    Authorities seized Ficrea on Nov. 7 after finding inconsistencies in its financial statements.

    Banco santander