Businessmen
The U.S. Immigration and Customs Enforcement (ICE) detained Mexican businessman Carlos Federico Valenzuela Cadena on January 16 in Houston, Texas. The 63-year-old faces charges in Mexico for fraud, extortion, and organized crime tied to real estate scams in Nayarit. He will be extradited to face Mexican justice.
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Chilean businessman Fernando Larrain Peña, born on January 30, 1934, died this Sunday at age 91. Leader of the country's largest economic conglomerate in the 1980s alongside his brother-in-law Manuel Cruzat, his career involved controlling over 100 companies that were intervened after the 1982 crisis. His family retains control of LarrainVial, Chile's leading investment manager.