Money Laundering Archives - The Daily Journal

Juan Barreto asks who will be “the new RECADI Chinito” amid secrecy surrounding business deals in Venezuela

October 13, 2026October 13, 2026Tatiana Da GamaLeave a Comment

The political leader questioned the lack of transparency surrounding transactions under the Anti-Blockade Law and warned of the risk of repeating corruption schemes involving public resources. The Daily Journal.- Political leader Juan Barreto raised the question of who might become “the new RECADI Chinito,” referring to the growing number of business deals and transactions that, […]

Álvaro Pulido, Alex Saab’s business Partner, transferred to the United States

October 13, 2026October 13, 2026Tatiana Da GamaLeave a Comment

The Colombian businessman faces two federal cases involving alleged bribery and money laundering schemes linked to food, medicine, and housing contracts in Venezuela. The Daily Journal.- U.S. authorities arrested Álvaro Pulido Vargas, a business partner of Alex Saab, who faces two federal indictments for allegedly laundering money from bribery schemes involving more than $2 billion […]

Venezuela captures final fugitive on FBI’s most wanted list

September 17, 2026September 17, 2026Tatiana Da GamaLeave a Comment

EFE.- FBI Director Kash Patel announced Tuesday the capture in Venezuela of the last of the agency’s 10 most wanted fugitives, saying the FBI has now apprehended everyone on that list. “This weekend, we captured in Venezuela a criminal who was on our most wanted list and had been on the run for years,” Patel […]

Alex Saab to plead guilty in money laundering case, AP reports

September 14, 2026September 14, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.— Former Venezuelan Industries Minister Alex Saab plans to plead guilty Tuesday before a federal court in Miami in a money laundering case involving government food-import contracts, The Associated Press (AP) reported. Saab, 54, will appear before U.S. District Judge Kathleen Williams for a change-of-plea hearing, according to court records cited by AP. […]

Spanish court requests “comprehensive” report on Venezuelan capital in Plus Ultra airline

August 6, 2026August 6, 2026Tatiana Da GamaLeave a Comment

EFE.— The judge leading Spain’s Plus Ultra investigation has requested a comprehensive report on the airline’s ownership changes since 2017, the year Venezuelan capital entered the Spanish carrier. Authorities are investigating Plus Ultra over a state rescue loan and an alleged influence-peddling scheme that reportedly involved former Spanish Prime Minister José Luis Rodríguez Zapatero. Prosecutors […]

Money laundering trial against Alex Saab to begin in September

August 5, 2026August 5, 2026Tatiana Da GamaLeave a Comment

The Daily Journal — A Florida court has scheduled the start of former minister Alex Saab’s trial for September 8. U.S. prosecutors charge him with money laundering, conspiracy to conduct financial transactions, and concealing the origin of illicit funds. Saab, whom authorities identify as an alleged frontman for Nicolás Maduro, recently entered a not guilty […]

Court allows Alex Saab to skip money laundering hearing

July 23, 2026July 23, 2026Tatiana Da GamaLeave a Comment

The Daily Journal — Judge Lauren F. Louis of the U.S. District Court for the Southern District of Florida granted former minister Alex Saab permission to skip Friday’s scheduled hearing in the money laundering case against him in the United States. Saab’s defense team also requested that the court enter a not guilty plea on […]

U.S. Judge postpones Alex Saab hearing for 30 days at defense’s request

June 24, 2026June 24, 2026Tatiana Da GamaLeave a Comment

EFE.— A federal judge in Miami has postponed for 30 days the hearing originally scheduled for Wednesday for former Venezuelan minister and Colombian businessman Alex Saab, whom U.S. authorities identify as an alleged frontman for ousted Venezuelan president Nicolás Maduro, following a request from his defense team. Judge Enjolique A. Lett rescheduled the hearing to […]