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U.S. agents deported the owner of failed credit union Ficrea to Mexico on Wednesday to face fraud charges over one of the country’s biggest financial institution failures in the last decade.
Rafael Olvera, the majority owner of Ficrea, was delivered to Mexican authorities at the Nuevo Laredo border crossing, said a U.S. embassy official, who was not authorized to speak on the record about the matter. The Attorney General’s Office of Mexico said in a Tweet that U.S. agents had returned Olvera, without fully identifying him.