US detains man accused in multi-billion Venezuelan money laundering scheme
Summary
A Colombian man named Álvaro Pulido has been arrested in the US for allegedly laundering over $2 billion linked to bribery schemes involving the Venezuelan government. He is accused of overcharging Venezuela for food and medicine contracts and laundering money through US bank accounts. Pulido will appear in a US court soon.Key Facts
- Álvaro Pulido, 62, was arrested in a US Homeland Security operation.
- He had been jailed in Venezuela since March 2023 on related charges.
- US agencies offered a $10 million reward for information leading to his arrest.
- He is charged in two federal indictments involving money laundering over $2 billion.
- Prosecutors say Pulido and others bribed Venezuelan officials to win government contracts.
- Pulido allegedly overcharged for supplies and moved the profits through foreign banks.
- He worked with Alex Saab, another Colombian linked to Venezuela’s government, on laundering $350 million.
- Alex Saab recently pleaded guilty in the US to money laundering charges and was extradited from Venezuela.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
