FBI & DOJ targeting Venezuelan bankers in $4.5 Billion #moneylaundering scheme.
Shady loans to state owned oil companies. Rig exchange rate markets for the payments to pay back much more than the loans were worth. #ButNothingsHappening
amp.miamiherald.com/news/nation-wo…
Money was laundered to Swiss bank accounts of shell companies then into the US in real estate & securities investments. I've long theorized that the Swamp draining started overseas first to drive the money into the US where DOJ could get at it easier!
Primary crimes occurred in 2012, but the Feds are finally closing in. The prosecution began in 2017 but based upon older information. What was your DOJ doing @BarackObama?
How do you gain 'respectability' so people don't notice you are laundering billions of dollars stolen from the starving people of Venezuela with the help of the socialist government?
You donate art to a museum.
A couple of photos called art makes up for starving children, right?
Shady private bankers, shell games, & the usual methods of hiding & laundering assets.
As yet unnamed conspirators in the US helped them move the money into the US & use it for Manhattan & Miami real estate...
In March 2018, DOJ asked for Swiss help in getting the #receipts for $4.5 Billion in stolen Venezuelan funds.
Seems the banker arranged the shell companies for them, wonder if they were in the #PanamaPapers
While the socialist government of Venezuela enabled these crimes, the Swiss & US governments are not rectifying the problem. Fortunately the cases are being handled by US Attorney's far from DC in Miami & Houston.
I have been talking about the preceding cases related to this one since late last year.
Wanna guess who the Venezuelan's hired in 2014 to shut down the media to prevent this issue being investigated? Fusion GPS. infodio.com/20170114/fusio…
After the 2018 election, DOJ unsealed a guilty plea from December 2017 for Alejandro Andrade for taking $1B in bribes as part of the Venezuelan money laundering & currency exchange scheme. It was one of my first #ButNothingsHappening stories but I can't find the thread...
Marc Rich's former company Glencore is also under criminal investigation for it's deals in Venezuela.
Venezeula also plays a role in the FINCEN scandals. Because there is really no plausible explanation for why FINCEN never designated the country as a primary money laundering concern. No non-Swampy explanation anyway!
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