Billy Álvarez Explained

Billy Álvarez
Birth Name:Guillermo Héctor Álvarez Cuevas
Birth Date:8 September 1945
Birth Place:Jasso, Hidalgo, Mexico
Education:Business Administration
Alma Mater:Universidad La Salle México[1]

Guillermo Héctor Álvarez Cuevas (born 8 September 1945), better known as Billy Álvarez, is the former general director of La Cooperativa La Cruz Azul S.C.L., former president of the Mexican football club Cruz Azul, former footballer,[2] and wanted fugitive. Álvarez Cuevas is currently wanted by Interpol in 195 countries on various crimes including multiple accounts of racketeering, money laundering, and extortion.[3] [4] As of September 2021, his whereabouts remain unknown.[5]

He is the son of Guillermo Álvarez Macías who was the founder and first general director of the Cruz Azul cooperative.[6]

Early life

Guillermo Héctor Álvarez Cuevas was born on 8 September 1945, to Guillermo Álvarez Macías and María del Carmen Cuevas Saldaña in the town of Jasso, Hidalgo. Álvarez Cuevas is the eldest of three siblings: Jose Alfredo, María del Carmen and María Gilda.[7]

Álvarez briefly played professional football at Cruz Azul Hidalgo as a forward in 1976.[2] He was elected to Congress for the 1994–1997 period, representing the third district of Hidalgo in the Chamber of Deputies for the Institutional Revolutionary Party (PRI).[8]

Career

In 1986, Álvarez became president of the football club Cruz Azul. He was later appointed chairman of Cooperativa La Cruz Azul S.C.L on 1 July 1988.[9]

Criminal Indictments

On 28 May 2020, the Unidad de Inteligencia Financiera froze the financial accounts of Álvarez, his brother José Alfredo Álvarez, and ex-vice president of Cruz Azul Víctor Manuel Garcés, citing money laundering and financial ties to shell companies worth over 300 million pesos (approx. US$15 million).[10] Their investigation suggested between 2013 and 2020, 1.2 billion Mexican pesos (US$60.6 million) were transferred from the Cruz Azul Cooperative into personal offshore bank accounts, namely in the United States and Spain.[11]

On 26 July 2020, the Attorney General of Mexico, Alejandro Gertz Manero, issued an arrest warrant for Álvarez and Garcés for ties with criminal organizations. Arrest warrants were also issued for directors of the Cruz Azul Cooperative Miguel Eduardo Borrell, Mario Sánchez Álvarez, and Ángel Martín Junquera.[12]

Cruz Azul faced disaffiliation from the Mexican Football Federation as a result of Álvarez's legal issues. He resigned as the general manager of the co-operative and subsequently stepped down as president of the football club on 1 August 2020, after 32 years as acting president.[13] Jamie Ordiales was then appointed as the co-operative's general manager and the club's president.[14]

Personal life

Álvarez Cuevas's daughter, Mónica Álvarez Álvarez, died of brain cancer at the age of 24 on 16 December 2010.[15] [16]

Notes and References

  1. Web site: Ordenan capturar a Guillermo Álvarez Cuevas por presunto lavado de dinero. 30 July 2020. Cobertura 360.
  2. News: Luna Cruz . Édgar . Álvarez, el apellido que se pinta de cruz azul . 29 June 2021 . El Universal . 25 May 2013.
  3. Web site: Guillermo Héctor Álvarez Cuevas Es Buscado Por 195 Países; La Interpol Emitió Ficha Roja Contra El Ex Presidente De La Cooperativa De Cruz Azul. 20 August 2020.
  4. Web site: Interpol busca a 'Billy' Álvarez, el rey del cemento mexicano. Diego. Mancera. 21 August 2020. EL PAÍS.
  5. Web site: Caso Billy Álvarez: cuál será su futuro en Cruz Azul . Infobae . 13 September 2021 . 26 September 2021.
  6. Web site: Guillermo Álvarez Macías - PDF Descargar libre. docplayer.es.
  7. News: Huerta . Héctor . El segundo deslinde de Alfredo . 30 June 2021 . ESPN . ESPN Deportes . 11 June 2020 . 1.
  8. Web site: Gasca Bobadilla . Mauricio . ¿Quién es 'Billy' Álvarez, cuál es su historia con Cruz Azul y por qué la afición está harta de él? . 90 Minutos . 24 June 2024 . 30 May 2020.
  9. Web site: Se acumulan las acusaciones contra Billy Álvarez. 5 June 2020.
  10. News: López Ponce . Jannet . No hay persecución para Billy Álvarez, pero debe comprobar contratos de 300 mdp: UIF . 30 June 2021 . Milenio . Milenio . 10 June 2020.
  11. News: Mexico's Cruz Azul soccer team top directors investigated for money laundering . 30 June 2021 . El Universal . 29 May 2020.
  12. News: Flores . Omar . Lecanda . León . Giran orden de aprehensión contra Billy Álvarez . 30 June 2021 . ESPN . 29 July 2020.
  13. News: Flores . Omar . Lecanda . León . Billy Álvarez renuncia a la Cooperativa La Cruz Azul . 21 July 2021 . ESPN . ESPN Deportes . 1 August 2020.
  14. News: García . Leonardo . Cruz Azul: Consejo de la Cooperativa ratifica la permanencia de Jaime Ordiales . 21 July 2021 . Soyfutbol . ESPN Deportes . 14 August 2020.
  15. Web site: Recuerdan a hija de Billy . espndeportes.espn . 9 January 2011. Notimex . 29 June 2021.
  16. Web site: Fallece hija del presidente del Cruz Azul . Proceso . Por La Redacción . 29 June 2021.