The Investigations in Argentina link Elías Piccirilloknown as the “King of Blue” and ex-partner of Jésica Cirio, with Ariel VallejoFinancier nearby Claudio “Chiqui” TapiaPresident of the AFA. In return, it points this out suspected money laundering and tax evasion in Sur Finanzaswho is accused of evading more than 3,300 million pesos in check taxes between 2022 and 2025 and moving 818,000 million through a virtual wallet with intermediaries and apocryphal settlements.
From a Debt of $6 million between Piccirillo and Francisco Hauquethe first tried to solve the problem by quickly issuing forty valid bank checks. Those, only five were presented for collection according to Banco Supervielle in January 2025, while the rest were never put into effect.
During the dispute between the financiers, it escalated into legal incidents and a media episode at the Duhau Palace, where Piccirillo was staying accused of putting drugs in Hauque’s truck and was temporarily arrested.
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This is what current expert reports from Banco Hipotecario have revealed Five checks were deposited in a Neblockchain SA account, old name of South Finance PSPalthough they were later rejected. So said the prosecutor Gerardo Pollicita stated that they all had the company seal and called for new testing measures, including Raids on the financial company’s headquarters. The operation was carried out by the gendarmerie, which confiscated important documents to verify the confiscation attempt and to determine the relationship of Piccirillo and Hauque with the financial company.
Although Sur Finanzas denied that Piccirillo and Hauque were direct customers, it provided folders related to Milton Ledesma, Smart Farm SA and Main Gain SA, companies with the same authorities, business records show. According to the judiciary, some checks were carried out You would have passed money tables in Puerto Madero before it reached the financial company, marking the first legalized connection between the so-called “Kings of Blue.”
The video shows Ariel Vallejo, owner of Sur Finanzas, buying a Rolex with a racing cap in Miami
In this way, the judge Maria Eugenia Capuchetti and the prosecutor Pollicita They are investigating the company Construir 11 SAwith which Piccirillo wrote the forty checks. It was confirmed that the construction company has opened three accounts with Banco Supervielle since 2023, all of which were closed in January by order of the central bank.
Other legal cases faced by Elías Piccirillo
Elias Piccirillo Several judicial investigations are piling up for alleged fraud, money laundering, fraud, evidence and drug trafficking ties, in federal cases ranging from financial operations to drug racketeering. His record became clearer in early March when he was arrested along with seven city police officers for an incident against Francisco José Hauque, to whom he owed about 6 billion pesos.
According to judicial sources, the maneuver included the following more than a kilo of cocaine and a 9mm pistol in Hauque’s Audi Q8 during a false police operation in Recoleta, which was initially presented as a case of gender-based violence. Immediately after the crime Judge María Eugenia Capuchetti He sentenced Piccirillo to preventive detention and an embargo of 100 million pesos, pointing out the high risk of obstruction of justice and repeat crimes.
Now, in November, Piccirillo was transferred House arrest at a home in Serrano, Banfieldafter real estate worth 500 million pesos was delivered as security. The Federal Chamber granted the benefit on mental health grounds and justified the use of electronic anklets and constant monitoring. According to close sources, he is adhering to the established conditions and remaining calm even as the judicial supervision remains strict.
Recently, Hauque requested in his appeal to the Court of Cassation that the stay-at-home order be lifted and that he be returned to prison, although the defense claims that lifting is unlikely and the process is still being evaluated.
MV/DCQ