Puerto Vallarta News

Puerto Vallarta News

‘Unauthorized transfers’ siphon funds from Mexican banks

An as yet unknown amount of funds were sucked out of at least five Mexican financial groups through “unauthorized transfers” in recent days, a top central bank official said on Friday, while stopping short of calling it a cyber attack.

Lorenza Martinez, head of Banxico’s payment system, told Reuters that it was still unclear how much money had been fraudulently transferred and she refrained from naming the affected institutions, which could include banks and brokers.

“These unauthorized transfers were originated in the system that connects the institutions to the payment system,” Martinez said in a telephone interview, noting that . . .

Read Full Story

Related Posts

snowbirds

Snowbird Seasons: Canadian Winter Life in Mexico

Snowbird Seasons follows Canadian winter life in Mexico, with real tips on housing, healthcare, and...
Puerto Vallarta hotel occupancy

Puerto Vallarta hotel occupancy nears full New Year week

Puerto Vallarta expects 80–82% hotel occupancy in December, with near sellouts in the last week...
peso dollar exchange

Peso-dollar rate hits mid 2024 levels as dollar weakens

Peso dollar rate finished near 17.98 on Dec. 15, 2025. We break down the drivers,...
cdmx eviction protest

Protests in Mexico City as Homeowners evict tenants to cash in on World Cup 2026 Airbnb rentals

About 50 protesters blocked Reforma, demanding an end to evictions and pushing a citizen initiative...