October 30 2019
A branch manager at a Rio Rico bank has been indicted for alleged bank fraud and money laundering.
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 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.
