Gerardo Ortiz testified against Angel Del Villar, the CEO of Del Records, in a federal court for charges rooted in violations of a law against business dealings with drug traffickers. Ortiz had previously admitted to performing at events managed by a sanctioned promoter, despite warnings from law enforcement. He has already pled guilty to conspiracy charges and is cooperating with authorities. Del Villar is accused of engaging in illegal business transactions connected to drug money laundering activities, directly affecting his music label and its operations in the industry.
"The music executive is appearing in court for charges that trace back to 2022 alleging him of violating a federal law that prohibits U.S. residents and companies from doing business with known drug traffickers and their associates."
"Ortiz was advised to not conduct business with Pérez Alvear, as he had been sanctioned by U.S. officials as a 'specially designated narcotics trafficker.'"
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