10222014Wed
Last updateFri, 17 Oct 2014 1pm

San Miguel real estate mogul arrested, tied to drug baron

The presumed financial operator of a captured Mexico drug baron was well known in the tourist/expat enclave of San Miguel de Allende, heading up one of the town’s most prestigious real estate developments.

Mexican soldiers arrested Hector “El H” Beltran Leyva along with Quetetero businessman German Goyenche as they dined at a seafood restaurant in San Miguel de Allende last week.

According to the federal Attorney General’s Office (PGR), Beltran Leyva had been living a simple life in the neighboring state of Queretero, while running a major operation specializing in moving cocaine from South America and Central America to markets in Europe and the United States. Mexico had placed a bounty of two million dollars on hi’s head, while the United States had offered five million.

The PGR said Beltran headed up “a large network of corruption and money laundering.”

Goyenche, who is considered Beltran’s chief financial operator, was a public figure and well known in both Queretero and San Miguel. He presided over several companies mostly dedicated to real estate, including the well-known Otomi Lake & Villa complex in San Miguel de Allende.

Please login or subscribe to view the complete article.