GOLD, DRUGS AND CLEAN CASH
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As the attorney for Sergio Hochman, I wish to clarify Hochman’s involvement with La Mina. Evan Maxwell’s article accurately identifies the cartel’s money-laundering scheme; however, it is incorrect about my client’s role.
The La Mina accounts were the creation of Jorge Masihy, who, with Raul Vivas, Tomas Iglesias and Celio Merkin, created Cambio Italia. Not Hochman.
The government values Hochman’s cooperation and testimony because of his intimate knowledge of the laundering operations and his acquaintance with persons controlling the activities.
Hochman has already paid dearly for his involvement in the money-laundering activity, as his family had to flee from Uruguay, and he can never return to his home country because of Raul Vivas’ power and influence.
ERROL H. STAMBLER, Los Angeles
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