# Argentine money laundering and asset seizure proceedings > Developing situation record from CLSTR: https://clstr.news/situations/argentine-money-laundering-and-asset-seizure-proceedings > Updated: 2026-11-02T03:10:00.000Z. Sources: 6. Developments: 2. Argentine authorities have initiated the auction of various properties seized during criminal investigations into money laundering. In Chaco, the judiciary is auctioning residential property, while in Buenos Aires, the State Asset Administration Agency has authorized the sale of an apartment linked to an investigation involving the daughter of a figure convicted in the ‘Carbón Blanco’ narcotics case. In related legal developments, prosecutors in the Hotesur and Los Sauces trials have alleged that Cristina Kirchner and Máximo Kirchner utilized a scheme to receive funds from business associates through inflated property rentals. The prosecution contends these payments, allegedly funded by public works fraud, were returned to the family as loan repayments to facilitate money laundering. While the Supreme Court has upheld a recovery amount of approximately 684.9 billion pesos following Cristina Kirchner’s conviction for fraudulent administration, the execution of asset auctions remains pending. ## Timeline ### 2026-11-02: Argentina prosecutors allege money laundering scheme involving Kirchner family Prosecutors in Argentina allege the Kirchner family used a property rental scheme to launder money from business associates via inflated payments and sham loan repayments. 6 sources. https://clstr.news/cluster/argentina-prosecutors-allege-money-laundering-scheme-involving-kirchner-family ### 2026-10-20: Argentine authorities auction seized properties in money laundering cases Argentine authorities are auctioning several seized properties, including a house in Resistencia and an apartment in Buenos Aires linked to the ‘Carbón Blanco’ money laundering investigation. 2 sources. https://clstr.news/cluster/argentine-authorities-auction-seized-properties-in-money-laundering-cases --- Cite as: Argentine money laundering and asset seizure proceedings. CLSTR, https://clstr.news/situations/argentine-money-laundering-and-asset-seizure-proceedings