Argentina’s judiciary has launched an investigation into U.S. businessman Foster Gillett over allegations of money laundering. The investigation is linked to transactions with Argentine football club Estudiantes de La Plata, according to national media.

The investigation is probing whether the transfer market signing of Cristian Medina, who joined Estudiantes from Boca Juniors in January, involved money laundering.

When Medina was signed, Boca Juniors informed the Argentine Football Association (AFA) that it had received the payment to activate the midfielder’s contract release clause

© Buenos Aires Herald