Lalo Balderas Fernández (died 1980) was a Lopez Cartel hitman. In 1980, Balderas and Vulcano Calvillo Sierra were sent to assassinate Tony Montana at the Babylon Club in Miami, firing on him with Micro-Uzis during a performance by the comedian Octavio. They accidentally killed Octavio, and they were shot at in the legs as they reloaded. Lalo accidentally shot the lights on the ceiling, which crashed down on the two hitmen, killing them both.