The maneuver is repeated. Low-income people who have accounts in their name where millions of pesos are deposited in cash. The money usually ends up in Cryptocurrency walletsa common refuge to bypass controls. There are dozens of cases. The investigation by the Customs Collection and Control Agency (ARCA) into Sur Finanzas has been ongoing for several months. At the collection agency they talk about A “An army of little soldiers.” They are finalizing the details of the judicial offer. The times were shortened after the raid on the headquarters of that financial company last Tuesday in the Andis case. That operation uncovered the same mechanism: millions of dollars in transfers that ended up in cryptocurrencies.
The owner of Sur Finance is Ariel VallejoHe is a man very close to the president of the Asian Football Confederation. Claudio “Czech” Tapia. Your finance company has just completed four years of life. It started in the southern region of Buenos Aires province with just three employees and today has more than twenty stores. The company specializes in lending money, from retirees to large companies, to currency exchange, and even offers safety deposit boxes in some of its branches. It has also developed a virtual portfolio targeting small businesses.
Vallejo uses his Instagram account to showcase his connections with the football world. He has several photos with Tapia, the mayors of Conurbano, and dozens of Primera and Asenso leaders. “We are the football wallet”He often repeats it in his performances.
Nation It was revealed that the businessman is under investigation for alleged money laundering. UIF and Procelac discovered that a construction company called Construcciones TAR, It earned more than $6 billion in their bank accounts between September 2022 and July 2023, a number that has nothing to do with their level of activity.
The construction company transferred the money to various companies, including the exchange house that Vallejo acquired in 2020: Concordia Investment Center.
In parallel, Central Bank It also has an open brief against Vallejo and Concordia Investment Center for possible non-compliance with the foreign currency holding rule.
Vallejo’s luck changed last Tuesday. The businessman had to face a raid in the Andis case, which he revealed Nation. According to this file, part of the money received by Miguel Angel Calvetti and Alan Bucovi, an economist linked to the world of finance, It was going to be invested in cryptocurrencies By implementing “Neblockchain”, the former name of Sur Finanzas PSP (Payment Service Provider).
The opinion of Prosecutor Franco Picardi reveals conversations between Calvet and Alain Bucovi and even transfer receipts.
The same mechanism appears in the ARCA investigation, led by the Southern Regional Directorate. As much as he could know NationDozens of people have been discovered using the Sur Finanzas PSP platform to deposit millions in cash.
One case, identified as IM, is a Class “D” monotributista who billed in 2024 for $4,937,394 and received more than $230 million. The main supplier of those invoices was Sur Finanzas PSP. On the back is Qubit Capitals SRL, a company registered in Rosario that has just changed its name to “LB Crypto SRL”.
The same person has Movements in virtual wallets 87 billion dollarsThis is according to a confidential report obtained by this outlet.
In July 2025, the same monotribot bought a BMW M240i for approximately $99 million, which he shows off on his social networks.
Another case in the spotlight is the Class A monotributista, identified as BA. In just four months of 2024, he recorded movements in the virtual wallets of 7 billion dollars. However, he does not own any real estate in his name and only declares a car from 2008.
That’s not all. This is a “client” of Sur Finances He made withdrawals abroad in the amount of $176,000,000 During the past year. This information triggered ARCA Alerts. Was it a common mechanism to move money out of the country?
Investigators decided to uncover all the invoices issued by Sur Finanzas PSP over the past year and found a surprise: Nearly 56 percent of the triggered volumes belong to unclassified and single-contributing topics. The amount invoiced to these non-classified persons (i.e. taxpayers who have not proven their status as registered, single-income, exempt or non-VAT taxpayers) is up to $213,477,272. Always keeping 2024 in mind.
The investigation into ARCA is almost closed. The survey included information provided by banks and an analysis of unilateral shareholders working with Sur Finanzas PSP. ““Payment service providers are not banks, they carry out multi-million dollar operations and fly under the radar of the central bank.”says a source who knows the plot.
There are other examples. EV is a single-distribution Series A company that has made $14.5 billion worth of virtual portfolio movements. Its origins are in a 2006 car.
AOA is also among the most suspicious cases. In 2024, it achieved transactions worth $9.8 billion. Income in this account comes from cash deposits ($347 million), wire transfers ($1.1 billion), and virtual transfers ($8.9 billion).
For ARCA, all of these cases reveal an ongoing maneuver over time. “A large portion of taxpayers originating at the intersections do not have the economic or financial substance regarding the large amounts reported. People are supposed to intervene to hide the identity of the real owners of the money“, says the report accessed by this media. In the terminology, researchers talk about an “army of little soldiers.”
This isn’t the first alarm to go off in the closet around Vallejo. The list shows two companies registered in 2017, in which he was a partner Register the issuers of fabricated invoices. These are “Meta Barbaberto 87 SRL” and “Constructora Barbrober Avellaneda SRL”.
In parallel, the justice collected asset information on Vallejo and his next of kin. When promoting the alleged money laundering case, Prosecutor Emilio Gerberov asked ARCA’s Judicial Coordination Directorate to conduct A comprehensive asset file for all assigned persons and companies.
In that investigation, A Black Ferrari Californiawhich was parked at the door of Sur Finanzas, the same place where the Federal Police carried out a raid this week. In the motor vehicle registry, the Ferrari is registered as Cluster Palace Beach SAIt is a partnership that Vallejo used to open a Parador in the center of Villa Gesell at the end of 2023.
On paper, Vallejo only appears as a holder of Audi Q22022. His mother, who was also convicted by anti-money laundering prosecutors, is a shop owner alfa romeo stelvio 2.0, 2025, an all-terrain vehicle worth more than $80,000. It also has a Porsche Macan (2023), Porsche 718 Boxster (2019), BMW X2 20I (2019), BMW X4 20I (2018). In the local market, the cost of this fleet is no less than $350,000.
Currently, the businessman has his own operations center In Seguí on 700, in the center of Adrogué. According to Almirante Brown municipal records, he bought at least six apartments in a complex located just two blocks from his office, in Spiro, for 600.00 at that address. Received notices from previous AFIP regarding debts Which led to the creation of one of the many companies he used in his business: ABO Inversiones SA.
It’s just the beginning. Justice and ARCA detected signs of a millionaire’s legacy.