A Venezuelan television network owner was charged for his role in a $1.2 billion scheme to launder funds corruptly obtained from Venezuela’s state-owned energy company, Petróleos de Venezuela (PDVSA), the Justice Department announced Wednesday.
According to the DOJ, Raul Gorrin Belisario paid millions in bribes to Venezuelan officials from 2014 to 2018 to secure foreign currency exchange contracts with PDVSA. He then laundered the proceeds through US and foreign bank accounts to purchase real estate, yachts and other luxury items in Florida.
The DOJ said Gorrin and his co-conspirators used a series of shell companies and offshore bank accounts ...
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