San Antonio Businessman in Legal Hot Water Over Alleged Share Theft
San Antonio has recently become the center of attention due to a tangled web of legal disputes involving Alonso Ancira, a well-known businessman with a controversial past. This story is unfolding in a dramatic mix of allegations, court filings, and family feuds.
An Unexpected Journey
To give you a little background, back in April 2021, **Alonso Ancira** left the North Prison in Mexico after agreeing to pay a hefty sum—over **$216.6 million**—to Mexico’s state-run oil company, **Pemex**, to secure his freedom. His legal troubles trace back to a rather notorious sale he facilitated back in 2014, when he sold a fertilizer factory in a deal that many deemed less than favorable. Critics pointed out that the plant was largely derelict and said to have been overvalued at around **$275 million**.
A Scandal of Epic Proportions
The saga took a turn for the worse when, in 2019, Ancira was arrested in Spain on accusations of outright fraud against Pemex, tied to the very same fertilizer plant transaction. The accusations suggested that he had paid off **Emilio Lozoya**, who was the chief executive of Pemex at the time, with roughly **$3.5 million** to ensure that the oil company overpaid for the facility.
Fast-forward to today, and Ancira’s misadventures are far from over. Three heirs of his late brother, Manual Ancira, are now making legal waves of their own, alleging that Alonso essentially looted their shares to secure his release. The situation has escalated into a civil lawsuit filed in state District Court here in San Antonio.
The Lawsuit and Allegations
The plaintiffs—Carola De Los Angeles Garcia Montes De Oca, Manuel Arturo Ancira Garcia, and Andres Arturo Ancira Garcia—have accused **Alonso Ancira** of stealing their rightful shares in a Mexican steel supplier, **Grupo Acerero del Norte (GAN)**. Their claims are quite severe; they accuse him of theft, unjust enrichment, and conspiracy, among other things. They are not just sitting back—they are actively seeking damages exceeding **$1 million**.
According to the lawsuit, **Alonso Ancira** allegedly pledged the shares as collateral for the $216.6 million he owed to Pemex, but here’s the kicker: he reportedly didn’t even own or control those shares! The suit claims that while still in jail, he colluded with his lawyer and a notary to “fraudulently obtain powers of attorney” from various GAN shareholders, including the heirs.
The Court’s Response
On October 11, a judge granted the heirs a temporary restraining order preventing Alonso from selling any of the **Grupo Acerero** shares while the case develops. This temporary stop is crucial for the plaintiffs, who are worried that this would cause irreparable harm to their interests.
The tangled threads of this legal tapestry have even caught Pemex in their crosshairs, as they are named in the suit along with a trustee, **Wendy Ann Madden**. As the hearing for a temporary injunction looms, it remains to be seen what course this tumultuous situation will take.
Looking Ahead
The family’s quest for justice has led them through a complex maze of law, and as Alonso’s past continues to haunt him, his financial responsibilities loom larger than life. As of now, he’s already paid **$104.1 million** of the owed sum, but there’s still nagging uncertainty regarding when the balance will be settled. Each installment is crucial, especially since **Ahmsa**, the steel giant, entered bankruptcy in August.
This remarkable tale of allegations and court cases continues to unfold, and we’ll be keeping a close eye as it develops. Hopefully, as these twists and turns continue, a sense of resolution—whatever shape that may take—awaits those embroiled in this high-stakes showdown.
Stay tuned for updates, as we navigate the twists in this fascinating story of business, power, and legal woes right here in our beloved San Antonio.
