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The U.S. Justice Department has indicted Raul Gorrin Belisario, a Venezuelan media mogul linked to President Nicolas Maduro, accusing him of laundering $1.2 billion from PDVSA, Venezuela’s state-owned oil company. The charges state that Gorrin bribed Venezuelan officials to facilitate the funds' transfer, exploiting the U.S. financial system to enable these crimes. Gorrin, who owns the pro-Maduro Globovision network, allegedly provided bribes in the form of luxury items like yachts, jets, and high-end properties. Although charged in 2020 and placed on the U.S. Most Wanted List for prior violations of the Foreign Corrupt Practices Act, Gorrin evaded arrest and is reportedly living in Caracas. This case is part of the U.S. government’s broader crackdown on Maduro-aligned officials accused of corruption and electoral fraud, including recent sanctions on twelve officials tied to Venezuela’s contested presidential election results. Interesting? Want to read more? Click the link Below https://lnkd.in/dXhWvgwh #usjustice #moneylaundering #venezuelanews #raulgorrin #maduroregime #globovision #pdvsa #financialcrimes #usindictment #corruptioncharges #briberyscandal #venezuela #internationaljustice #politicalcorruption #southamericanews

The U.S. Justice Department has indicted Raul Gorrin Belisario, a Venezuelan media mogul linked to President Nicolas Maduro, accusing him of laundering $1.2 billion from PDVSA, Venezuela’s state-owned oil company. The charges state that Gorrin bribed Venezuelan officials to facilitate the funds' transfer, exploiting the U.S. financial system to enable these crimes. Gorrin, who owns the pro-Maduro Globovision network, allegedly provided bribes in the form of luxury items like yachts, jets, and high-end properties. Although charged in 2020 and placed on the U.S. Most Wanted List for prior violations of the Foreign Corrupt Practices Act, Gorrin evaded arrest and is reportedly living in Caracas. This case is part of the U.S. government’s broader crackdown on Maduro-aligned officials accused of corruption and electoral fraud, including recent sanctions on twelve officials tied to Venezuela’s contested presidential election results. Interesting? Want to read more? Click the link Below https://lnkd.in/dd9ZJbBC #usjustice #moneylaundering #venezuelanews #raulgorrin #maduroregime #globovision #pdvsa #financialcrimes #usindictment #corruptioncharges #briberyscandal #venezuela #internationaljustice #politicalcorruption #southamericanews

🚨 Breaking News: U.S. Congressman Henry Cuellar and Wife Charged with Bribery and Unlawful Foreign Influence! 🚨 Congressman Henry Cuellar and his wife, Imelda Cuellar, have been charged with accepting $600,000 in bribes from foreign entities, including Azerbaijan's state-owned oil company and a Mexican bank. The charges include bribery, money laundering, and acting as foreign agents. 🏛️💼 Key Takeaways: 🔸 Bribery Scheme: Cuellar accepted bribes to influence U.S. policy and legislative activities. 💵 🔸 Foreign Influence: The bribes were linked to Azerbaijan and Mexico. 🌍 🔸 Legal Consequences: The Cuellars face multiple charges with significant prison time. ⚖️ Read more here: https://buff.ly/3K3Pt3s #PublicCorruption #ForeignInfluence #LegalNews #Bribery #GovernmentIntegrity

🚨 Breaking News: U.S. Congressman Henry Cuellar and Wife Charged with Bribery and Unlawful Foreign Influence! 🚨 Congressman Henry Cuellar and his wife, Imelda Cuellar, have been charged with accepting $600,000 in bribes from foreign entities, including Azerbaijan's state-owned oil company and a Mexican bank. The charges include bribery, money laundering, and acting as foreign agents. 🏛️💼 Key Takeaways: 🔸 Bribery Scheme: Cuellar accepted bribes to influence U.S. policy and legislative activities. 💵 🔸 Foreign Influence: The bribes were linked to Azerbaijan and Mexico. 🌍 🔸 Legal Consequences: The Cuellars face multiple charges with significant prison time. ⚖️ Read more here: https://buff.ly/3K3Pt3s #PublicCorruption #ForeignInfluence #LegalNews #Bribery #GovernmentIntegrity

The July edition of Red Flag Bulletin - our monthly look at financial crime, corruption, and sanctions news - is available to read now. Top three stories this month: • Following coordination with Chinese and Mexican law enforcement, US Department of Justice indicts 24 Sinaloa Cartel associates with ties to underground money exchanges in China. • Venezuela and Monaco added to the Financial Action Task Force’s “grey list” of countries under enhanced money laundering scrutiny and monitoring. • Zimbabwe’s national intelligence agency linked to secret corporate network, thereby violating requirement of full financial oversight and transparency. Get the full picture: https://hubs.li/Q02Fc_wc0 #financialcrime #greylist #corruption #AML

Donald Trump's second term in office could influence Venezuela's organized crime landscape, with implications far beyond its borders. InSight Crime analyzed two key scenarios: 1️⃣ Increased pressure with tighter sanctions, which could push the regime to rely more on illegal rents. 2️⃣ Pragmatic cohabitation, with possible dialogues that would allow for some economic recovery, but would do little to placate illicit economies. Both paths pose unique challenges for the Maduro regime and criminal networks in the region. Read our full analysis and share it within your network: https://bit.ly/425MLoi

🚨 Sanctions Update! 🚨 Please see below for our article on the important decision providing much needed clarity on the interpretation of "reasonable cause to suspect" in the context of sanctions offences.

It is being reported that the Office of the Attorney General in Switzerland has opened criminal and administrative proceedings as part of investigations into suspected breaches of the asset freeze imposed on Suleyman Kerimov under Swiss sanctions. It is being reported that SECO has confirmed that the criminal proceedings were commenced in November 2023 and that four individuals are under suspicion, as well as that eight premises have been raided so far. Assets worth SWF 1.3 billion have also been made subject to a “super-provisional” asset freeze. #UKSanctions #Russia #EUCommission #ExportControl #TradeWar #TSECS #SanctionsUpdate #TurkishSociety #Sanctions #USA #OFAC #BIS #TradeUpdates #GlobalTrade #TradeCompliance #InternationalRelations #EconomicSanctions #TradeRegulations #TurkishExports #TradePolicy #SecurityMatters #ForeignPolicy #ComplianceNews #EconomicSecurity #CrossBorderBusiness

📣 UK NCA Forfeits £780,000 in Landmark Sanctions Case Against Petr Aven On July 29, 2024, the UK's National Crime Agency (NCA) secured the forfeiture of £783,827.34 under the Proceeds of Crime Act, marking the first UK forfeiture of sanctioned funds. 💷 The money, linked to Petr Aven, a former head of Russia's largest commercial bank, had been frozen since 2022 due to sanctions. Aven's estate manager, Stephen Gater, breached sanctions by attempting to relocate funds and making transactions, including paying household staff salaries and selling a Bentley. 🤝🏻 The agreement was ratified at Westminster Magistrates Court. The NCA's Combatting Kleptocracy Cell led this complex investigation, demonstrating their commitment to enforcing sanctions. Original source 👉: https://lnkd.in/eZZRYMcb #UKsanctions #sanctionsupdate #sanctionscompliance #NCA #Sanctions #Forfeiture #PetrAven #FinancialCrime #AssetRecovery

💼 UK Launches New Crackdown on Dirty Money The UK has taken bold steps to tackle corruption and illicit finance with fresh sanctions targeting three infamous kleptocrats: Dmitry Firtash, Isabel Dos Santos, and Aivars Lembergs. 🔒 Key Actions: - Asset freezes and travel bans imposed on these individuals and their associates. - Marks the start of the Foreign Secretary’s campaign against dirty money, aimed at protecting UK citizens, safeguarding democracy, and fostering economic growth. Foreign Secretary David Lammy: "The tide is turning. The golden age of money laundering is over." This move sets the stage for global collaboration in combating corruption and making the UK a hostile environment for illicit financial activities. #AntiCorruption #Sanctions #DirtyMoney