Nepmar Jesus Escalona Enriquez pleaded guilty to a money laundering scheme involving bribes to officials and defrauding financial institutions, the Justice Department said Monday.
The former Venezuelan National Guard major knowingly submitted fraudulent applications to the Venezuelan currency regulation authority to deceive Banesco Bank, the Central Bank of Venezuela, and the Venezuelan customs authorities into releasing US dollars to Escalona and his co-conspirators outside of the country, according to the DOJ.
He pleaded guilty to one count of money laundering conspiracy and is scheduled to be sentenced on May 23, the DOJ said.
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