Internal Revenue Service investigators say Carlos Antonio Vasquez is accused of conspiring to open fraudulent bank accounts that were used to funnel more than $10 million in cash from the United States to Mexico.
The 39-year-old Vasquez was arrested and released on his own recognizance last month after federal prosecutors filed a four-count complaint against him in U.S. District Court in Tucson.
Vasquez allegedly helped Mexican citizens apply for bank accounts from February 2017 to September 2019.
Bank records show Vasquez opened at least 11 funnel accounts and executed 48 wire transfers from the accounts to Mexico.
Vasquez became a bank manager around 2015. It’s unclear if he has a lawyer yet.