MIAMI (AP) — Federal prosecutors say eight people have been charged with playing roles in a $1.2 billion money-laundering scheme involving Venezuela's state-run oil and natural gas company.
Miami U.S. Attorney Benjamin Greenberg said in a news release Wednesday the scheme began in 2014 with bribery and fraud at the state-run PDVSA enterprise and grew over time. A criminal complaint contends the scheme involved members of the Venezuelan elite, money managers, brokerage firms, banks and real estate investment firms.
Two suspects have been arrested. Authorities say 44-year-old Mathias Krull, a Ge...
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