US$2m deposit, AFA invoices and land in 12 Toviggino-linked deals | OneFootball

The Justice discovered that the company Servicios Lindor SRL, linked to the AFA treasurer, Pablo Toviggino, made a fixed-term deposit with about two million dollars between 2024 and 2025, among other 15 suspicious banking and real estate movements, according to judicial sources.

In these "businesses," the company Segon SRL billed more than 2 billion pesos to the AFA for services.

Other money routes discovered include payments from the AFA and the government of the province and the municipality of Santiago del Estero to the Santiago Football League, and minutes later, bank transfers to individuals linked to the family network.

In recent years, especially after 2022, when Argentina won the Qatar Football World Cup, the family holding acquired 10,000 hectares of land in Santiago del Estero. Some were not purchased but acquired through usucapion, which is a legal process by which ownership rights are acquired or consolidated over time if taxes are paid and the land is occupied.

Pablo Toviggino is being investigated by the Justice in several judicial cases. In one of them, the money trail of the 400 million dollars collected by the company TourProdEnter, owned by businessman Javier Faroni, with the rights to the Argentine national team's brand abroad is being followed. It is estimated that about 40 million of that money went to ghost companies in the U.S. The cases are handled by judges Adrián López Charvay, Luis Armella, and Diego Amarante, among others.

These million-dollar financial and real estate movements were reported by the Revenue and Control Agency (ARCA) to judges and prosecutors investigating corruption and money laundering in the AFA, according to three sources consulted by Clarín.

Within the network of companies linked to the AFA treasurer, Lindor has as a shareholder Toviggino's younger brother, Darío Fabián (44 years old), who maintains a low profile. The brother also appears in the company Norte Argentino SRL, in 5 Esperanzas, and in the Asociación de Fomento Esperanza de Mañana de Santiago del Estero.

Last December, when the AFA scandal broke out, there were corporate changes so that Darío Fabián Toviggino took control of most of these companies, although sources agree that, in reality, Pablo is the one giving the orders. Those who know him say Pablo is a natural administrator and even did not attend the World Cup in Qatar because he is not passionate about football, although he jumped from the Provincial Football Federation of Santiago del Estero to the main football entity in 2017. The brothers are originally from Rosario, but in Santiago, they were raised by their stepfather, Fernando "Polo" Figueroa.

Toviggino's ex-wife, María Julia del Castillo Orellana, also appears as a minority shareholder in several of these companies. A kitchen equipment vendor from Buenos Aires recalled that del Castillo Orellana bought dishes, pots, and other utensils for the luxurious HT hotel in Santiago and paid in dollars.

Lindor is in charge of real estate operations and could be what is known in Justice as a "bridge company" to move assets within the corporate network shaped like a Russian matryoshka, meaning one inside the other, thus hiding the real owner.

Fields equivalent to half the surface of CABA

In this way, properties of the group pass from Malte SRL to Barwa SRL (owner of a famous bar in Santiago del Estero) or to DCT SRL. Another in the family circuit is Indunoa SRL. In recent years, some of these firms bought fields totaling almost 10,000 hectares, which is half the surface of the Autonomous City of Buenos Aires (CABA).

Another mechanism is "cross billing" between Malte SRL, Soma SRL, and Marona SA. The first two were "owners" at the beginning of the Pilar mansion and the 54 luxury and collectible cars seized there. For investigators, there could also be a "simulation of service sales."

Malte also has the direct award contract to provide VAR services in AFA matches, as is known.

But that fixed-term deposit is just one piece of data on the exponential growth of the Toviggino companies. The luxury HT hotel in Santiago del Estero saw its capital grow from 17,000 to 2 billion pesos in 2024.

Segon, another of the firms providing private security services to the government of Santiago del Estero, went from having bank accreditations of 11,592 pesos in 2012 to 6 billion pesos in 2025. It billed the AFA more than 2 billion pesos and also issued invoices to companies in Paraguay and the United States.

In the banking movements of these companies, transfers made in seconds from one account to another are observed. For example, there is a transfer of "6 million pesos recorded in this kind of handoff. And some bank movements go to public employees of the Santiago government."

The role of Toviggino's younger brother

Servicios Lindor SA -the company with the 2 million dollar fixed-term deposit- was created in the province of Santiago del Estero by acquiring Net Cargo in 2024 and has Mauro Javier Paz as director, who was the director of the Women's Football League and also appears in Malte SRL, the company that appears as the "owner" of the Pilar mansion valued at 17 million dollars. The other director is Orlando Martín López, who appears in the same role in other firms revolving around the AFA Treasurer.

But according to the Official Gazette of Santiago del Estero, dated May 7, 2025, the brother of the AFA treasurer, Dario Fabián Toviggino, received 95% of the shares of Servicios Lindor SA. That bulletin states that the seller transferred "all of his social shares that he owns in the company 'LINDOR S.R.L.' to Toviggino's brother, who bought and accepted a total of 3597 social shares of Pesos Ten ($10.00) each, representing 95%." That is, Darío Fabián Toviggino is the owner of the shares.

The multimillion-dollar fixed-term deposit Lindor made it in the Coinag bank where it had a checking account and deposits in 2025, according to judicial sources informed Clarín. But the bank closed that account. Then "the deposits it had in Coinag were transferred to an account in its name at Banco Credicoop," they added. The sources confirmed that there was a transfer to Credicoop and that it was from "one same holder to another, the origin of the funds was not investigated. That corresponds to the originating bank."

"The transfer to Credicoop has nothing to do with the AFA," the spokespersons stated. On the other hand, the AFA does have its official accounts in the bank presided over by former deputy Carlos Heller.

For now, it is unknown where those funds came from, although investigators suspect they may be money collected by TourProdEnter abroad and may have been illegally brought into Argentina.

Eight invoices for the AFA

In June 2024, Servicios Lindor SA issued eight invoices in favor of the AFA. "Six of them were in U.S. dollars for a total amount of $1,438,266,821," judicial sources specified.

In summary, Servicios Lindor SA "billed the AFA in 2024 a total of: $987,067,314 and US$2,120,684,651." The sources do not know so far for what potential services the invoices were.

These suspicious movements explain why the AFA refused to hand over the 2024 balances to the former head of the General Inspection of Justice, Daniel Vítolo.

On the other hand, Servicios Lindor "constituted a fixed-term deposit with the sum of $11,763,785,709, which gave it an interest in its favor of $538,409,806, among others.

However, Servicios Lindor has only 6 employees from January 2025 to March; 8 from April to August and then 2 from September to November 2025, these being the only declared employees in the company. And Paz is classified as "observed" in credit risk companies.

There are electronic receipts issued between the years 2023 to 2025 (09/2023, 11/23, 02/24 to 12/24, and 1/25 to 12/25) but there are none from 2010 to 2022 and also until February 2026, the investigators highlighted.

Servicios Lindor records invoices received between the years 2023 to 2026 with the following dates: 09/23, 11/23, 01/24, 04/24 to 12/24, 01/25 to 12/25, and in January 2026, among others.

However, in its 2024 Income Tax Return, it declared a net worth of only $44,674,332. This net worth differs exponentially from the year 2023, in which it had only registered a net worth of $3,196,260.

The company registers addresses with an infrastructure that does not match the supposed volume of its financial operations: one in Santiago del Estero on Japan street n° 1271.

And three addresses in CABA: Paraná n° 861, 2nd floor, apt C; Cerrito n° 242, 1st floor, apt D and Lavalle n° 1362, 1st floor, apt 12. The address of Paraná 1861 was also that of Malte and Toviggino's former right-hand man, Juan Pablo Beacon. And Paz was director of Malte and Segón, a company of the Toviggino family, as well as of the Gerenciadora Deportiva Santiago SA, Toviggino's native province.

The owner of the Pilar mansion

At that time, the partners of Soma SRL –the first buyer of the mansion– were Beacon and Carlos Bruno Seguel; the latter also linked to several of the 54 cars found on the property. Then, Malte SRL sold it to Real Central SRL.

In a report that ARCA delivered last week to the economic criminal judge Diego Amarante in the case for the illegal retention of pension contributions against the president of the AFA Claudio Chiqui Tapia and Toviggino, the movements of Malte SRL, the company that appears as the "owner" of the Pilar mansion, were analyzed.

The report states that many sales receipts from Malte were issued by an IP –which is a unique address that identifies a device on the Internet and contains information about its location– by other companies and Toviggino's relatives. The IP number 181.14.215 of a computer was used by Servicios Lindor SA, it specifies.

As a curious fact, a blue card of a Porsche 911 Carrera 4 GTS, seized in the Pilar mansion and registered in the name of Servicios Lindor S.A, was revealed, which seems to be the core of this conglomerate of companies.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here.