Authorities in Antióquia have confiscated real estate worth almost nine
million USD, belonging to former Independiente Medellín chairman
Tamayo is suspected to have been involved with drugs trafficking and supposedly used houses, apartments, commercial estate and even vehicles to launder illicit income. In total, no less than 47 properties were confiscated.
The properties are located in the city of Medellín, and surrounding towns as Rionegro and San Jerónimo.
Tamayo used Independiente Medellín to launder money from 2002 to 2004. He is one of eleven current and former board members that were arrested in relation to these illegal activities.