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Photographer: Susana Gonzalez/Bloomberg

Business

Owner of Troubled Airline Arrested in Mexico on Fraud Charges

  • Alejandro Del Valle detained at popular business center
  • Credito Real loan behind businessman’s detention: spokesmen

The owner of troubled Mexican airline Interjet, Alejandro del Valle, was detained by authorities on Thursday on fraud charges at a posh Mexico City business center. 

Del Valle was detained due to his participation as a co-signer on debt from non-bank lender Credito Real, according to spokesmen for the Mexico City attorney general and Del Valle.