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Advent International, a $109 billion Boston private equity firm, has five current or former executives wanted in Mexico. Arrest warrants. Interpol red notices. Warrants upheld on appeal.
According to court records, the books behind Advent's sale of Mexico's most trusted funeral company were rigged to hide what families' pre-paid funerals would really cost.
Nearly four years later, not one of them has faced the judge.
Video Summary
AI GeneratedUS authorities are examining allegations of corruption involving Advent International, a Boston-based private equity giant, regarding the sale of Mexico's Grupo Gayaso. Several current and former executives face Mexican arrest warrants and Interpol red notices for allegedly manipulating financial statements to inflate profitability during the 2021 sale.
