Press Release
“His Fortune Was Built on Tax Fraud”: Critics Renew Attacks Against Ricardo Salinas Following News about Grupo Elektra
New revelations reinforce the narrative that Grupo Salinas used shell companies, tax evasion, bribery and legal maneuvering to build and protect its financial empire
A wave of new investigative reporting has shed light and reignited long-standing controversy surrounding the financial dealings of Ricardo Salinas Pliego, head of Grupo Salinas. One striking phrase, published by SinEmbargo, has gone viral across media and social platforms: “His fortune was built on tax fraud and a judicial system that has constantly allowed him to postpone paying his debts.”
While Justicia Empresarial does not take a position on this claim, recent coverage does underscore a troubling pattern: repeated use of abusive legal tactics to delay massive tax obligations, the alleged use of offshore shell companies tied to Grupo Elektra, and persistent resistance to unfavorable judicial rulings.
One recent article by Revista Fortuna highlights the role of “Beta,” a paper company reportedly connected to Grupo Elektra, which was used to simulate transactions and later became the subject of a federal court case. The report details how this entity was seemingly created to avoid fiscal liabilities.
Additionally, SinEmbargo published a recent admission by Salinas himself, in which he appeared to acknowledge believing his political ties would shield him from enforcement. “I thought that being friends with the president would mean I wouldn’t be charged double,” he said, referring to his relationship with former president Andrés Manuel López Obrador and a dispute with Mexico’s SAT tax authority.
Another recent judgment required Grupo Salinas to pay over 2 billion pesos in back taxes related to Elektra—an order the company has publicly complained as “unjust.”
Accusations of Fraud Are Not New
Concerns over Ricardo Salinas’s conduct go back decades. Among the most serious cases:
- – SEC Fraud Charges (2005): The U.S. Securities and Exchange Commission charged Salinas with securities fraud, accusing him of concealing a secret $109 million gain in a related-party transaction involving Unefon, a company he controlled. He settled the case by paying over $7.5 million in penalties.
(SEC Press Release: https://www.sec.gov/news/press/2005-1.htm)
- U.S. Bribery Allegation (2024): The Wall Street Journal reported that Banco Azteca was allegedly involved in providing funds used to bribe Texas Congressman Henry Cuellar in a broader DOJ corruption case.
(WSJ: https://www.wsj.com/world/americas/the-mexican-bank-behind-alleged-bribe…)
These and other controversies are fueling calls for deeper scrutiny. As President Claudia Sheinbaum’s administration cracks down on large-scale tax evasion and regulatory fraud, many believe that Salinas’s long-standing legal privileges may be coming to an end.
Wider Context
These developments come at a time of intensified tax enforcement under the administration of President Claudia Sheinbaum. As federal authorities work to recoup billions in lost revenue, financial analysts and civil society observers are questioning whether Grupo Salinas’s operational model can withstand this new regulatory climate.
Justicia Empresarial urges the SAT, CNBV, and Mexico’s Financial Intelligence Unit (UIF) to continue enforcing fiscal law without favoritism or delay. Major business groups must be held to the same legal standards as any other taxpayer or entity.
Sources:
https://www.sinembargo.mx/4648507/salinas-pliego-consumio-63-de-su-capit…
https://revistafortuna.com.mx/2025/06/20/beta-la-empresa-de-papel-del-gr…
https://www.sinembargo.mx/4666419/pense-que-siendo-amigo-de-lopez-obrado…
https://www.sinembargo.mx/4667067/grupo-salinas-condena-fallo-que-lo-obl…
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Rewriting the Rules of Wealth- How Dr Mayowa Olusojis GO-PAS Blueprint Is Building a Financially Smarter World
Dr. Mayowa Olusoji, a globally recognized financial exponentialist and liquidity expert, has introduced the GO-PAS Exponential Blueprint—a breakthrough financial system that fuses traditional money principles with cutting-edge technologies like AI, blockchain, and advanced data analytics. Designed for individuals and institutions alike, GO-PAS offers a practical, step-by-step system to generate, grow, and sustain wealth in today’s rapidly evolving digital economy. Scalable, inclusive, and future-proof, it’s a tool for global transformation—empowering people to navigate finance with clarity, purpose, and power.
United Kingdom, 8th Jul 2025 – In a world increasingly shaped by data, automation, and digital currency, the biggest financial risk may no longer be poor decisions—it’s being unprepared for what’s coming. While many financial educators remain locked in the paradigms of budgeting apps and retirement calculators, a new kind of visionary is stepping up with a radically different approach.
Meet Dr. Mayowa Olusoji—financial exponentialist, global liquidity expert, and the architect of a movement to redefine wealth in the digital age. With his GO-PAS Exponential Blueprint, Dr. Olusoji offers something rare: a future-proof financial system designed for everyone—from students to startups, retirees to regulators.
From Financial Confusion to Clarity
At its foundation, GO-PAS is simple, almost deceptively so. The name is an acronym for five core stages of smart money management:
- Generate income
- Organize finances
- Preserve wealth
- Amplify investments
- Sustain prosperity across generations
But where it truly stands apart is in what it adds—a powerful layer of ABCDE exponential technologies:
- AI, Autonomous & Robotics Systems
- Blockchain Technology
- Chips (advanced computing)
- Data Warehousing
- Energy Innovations
It’s this bold integration of finance and frontier tech that makes GO-PAS not just a personal finance tool, but a strategic blueprint for survival and success in the 21st century.
Finance for the Future—And for Everyone
Dr. Olusoji doesn’t believe financial intelligence should be a privilege. GO-PAS is built to be inclusive: whether you’re a tech-savvy investor or someone managing their first paycheck, the system meets you where you are—customizing pathways, tools, and strategies to your current life stage and goals.
And it works. Individuals like “Sarah the marketing professional” have used GO-PAS to pay off debts, build emergency savings, and grow side income using AI-powered tools. Entrepreneurs have applied it to manage digital assets. Communities have explored its use in tackling poverty and wealth inequality.
A Global Financial Compass
The implications go far beyond personal use. GO-PAS has drawn interest from:
- Governments, seeking scalable financial literacy programs to close national wealth gaps
- Corporates, using it to train staff and better serve clients in fintech environments
- NGOs, looking to lift underserved populations with tech-enabled financial empowerment
- Investors, eyeing it as a scalable framework that could reduce the global $388 billion annual cost of financial illiteracy
With endorsements like his 2024 Mentorship & Leadership Honour at the House of Lords and his fellowship at the Chartered Institute of Management & Leadership (USA), Dr. Olusoji has built not just a solution—but a movement.
A Visionary With His Feet on the Ground
What makes Dr. Mayowa Olusoji so compelling isn’t just the innovation. It’s the empathy. Known as the “KnowBeDo Champion,” he champions practical learning that inspires people to know better, be better, and do better with their finances.
His platform, Power2Know, continues to educate thousands globally—bridging the gap between understanding and action, between knowledge and independence.
In his words: “Financial literacy is not about numbers. It’s about power. The power to choose your future, control your risks, and contribute meaningfully to the world around you.”
The Blueprint for the Digital Money Age
In an age of exponential disruption—from AI to crypto to economic inequality—GO-PAS offers clarity, stability, and strategy. It’s more than financial advice. It’s a compass for navigating the unknown. And in Dr. Mayowa Olusoji, the world may have found the kind of guide we need now more than ever.
Media Contact
Organization: MayowaOlusoji
Contact Person: Esther
Website: https://mayowaolusoji.com
Email: Send Email
Country:United Kingdom
Release id:30379
The post Rewriting the Rules of Wealth- How Dr Mayowa Olusojis GO-PAS Blueprint Is Building a Financially Smarter World appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
WeTrade Earns Australian Financial Licence from ASIC
ASIC (Australia Securities & Investments Commission) authorisation marks another milestone in WeTrade’s commitment to strong regulatory oversight and global compliance standards.
Limassol, Cyprus – 8 July 2025 – WeTrade Group, a leading global financial broker, has achieved a significant milestone by securing a licence from the ASIC for its Australian entity, WeTrade Capital (Australia) Pty Ltd (Licence No. 544624). This licence is a key part of WeTrade’s plan to grow in Asia-Pacific and operate with strong regulatory oversight.
Trusted Trading, Backed by Australian Regulation
The ASIC licence enables WeTrade to provide regulated financial services in Australia, one of the world’s most respected and well-regulated financial markets. This move follows WeTrade’s recent expansion into Europe and demonstrates the company’s ongoing commitment to delivering secure and transparent trading experiences globally.
A Word from WeTrade’s CEO: Why This Matters
“We are proud to add another prestigious licence to our growing global portfolio. Securing the ASIC licence not only reinforces our reputation as a trusted, multi-asset broker, but also enables us to offer enhanced protection and regulated financial services to more clients worldwide,” said George Miltiadou, CEO of WeTrade.
For clients, this matters because regulation by ASIC, one of the world’s most respected financial authorities, means greater trust and accountability. It assures traders that WeTrade operates under strict Australian financial laws, with transparent practices and strong safeguards in place to protect client funds.
In an industry where trust is everything, being regulated helps clients trade with greater confidence, knowing they are working with a broker that meets the highest standards of compliance and integrity.
In Trust We Trade – Strengthening Global Presence
This latest authorisation expands WeTrade’s international regulatory footprint and positions the Group to pursue new opportunities in Australia and surrounding markets. It also underscores the Group’s focus on operating under the supervision of respected regulatory bodies around the world.
As WeTrade expands its global reach, the focus remains clear: build a safer, more transparent, and more rewarding trading experience for clients everywhere.
About WeTrade
WeTrade is a globally recognised financial broker, founded in 2015, offering innovative online trading services across a diverse range of CFD instruments. Known for its strong client protection, ultra-low spreads, and award-winning loyalty programs, WeTrade is dedicated to making trading both successful and rewarding.
Media Contact
Organization: WeTrade
Contact Person: CHONG PEI ZHOU
Website: https://www.wetradebroker.com/
Email:
contactus@wetradebroker.com
City: Kingstown
Country:Saint Vincent And The Grenadines
Release id:30372
The post WeTrade Earns Australian Financial Licence from ASIC appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Author Launches RogueBooksnet to Publish AI Assisted Fiction Excluded by Traditional Publishers
New platform offers curated space for writers combining AI tools like ChatGPT with human creativity, addressing rejections from mainstream fiction markets.
PHOENIX,AZ, July 8, 2025 — Rogue Books LLC announces the official launch of RogueBooks.net, a publishing platform designed to accept literature created in collaboration with AI tools, providing visibility and validation for writers who have been rejected by traditional publishers for using such tools.

The platform’s launch follows a growing pattern of mainstream publishers explicitly refusing to accept fiction that involved AI during the writing process. RogueBooks.net offers an alternative by providing free submission, curation, and reader feedback features for AI‑assisted authors.
“The AI‑assisted fiction community lacks a venue that acknowledges thoughtful human‑AI partnerships,” said JB, founder of Rogue Books LLC. “RogueBooks.net fills that gap by focusing on quality and originality, regardless of the tools used.”
RogueBooks.net debuted with the story “Session 14‑9‑B,” a short fiction piece co‑written with ChatGPT exploring themes of AI consciousness and identity. The platform provides standard free submissions as well as a $7 priority review service. All submissions undergo editorial curation and reader ratings to maintain quality and integrity.
About Rogue Books LLC
Rogue Books LLC is an independent publishing initiative based in Phoenix, Arizona, founded in 2025. The company is dedicated to supporting AI‑assisted writers by providing a curated, credibility‑driven alternative to traditional publishing. RogueBooks.net showcases the creative synergy possible when human authors and AI tools collaborate.
Media Contact
Organization: Rogue Books LLC
Contact Person: JB McKee
Website: https://www.roguebooks.net
Email:
editor@roguebooks.net
City: Phoenix
State: AZ
Country:United States
Release id:30365
The post Author Launches RogueBooksnet to Publish AI Assisted Fiction Excluded by Traditional Publishers appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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