Master of trade-based money laundering extradited to and charged in US
Alleged financier to embattled Venezuelan President Nicolas Maduro, Alex Saab, has been charged in an indictment with laundering the proceeds of violations of the US’ Foreign Corrupt Practices Act (FCPA) in connection with a scheme to pay bribes to take advantage of Venezuela’s government-controlled exchange…
TBML remains a key concern for US’ transnational crime agency
The US’ Bureau of International Narcotics and Law Enforcement Affairs has published and submitted to Congress its annual International Narcotics Control Strategy Report (INCSR). Volume II contains a country-by-country analysis of money laundering typologies used to transfer the illegal proceeds of drugs around the world…
Master of trade-based money laundering arrested in Cape Verde
Colombian businessman Alex Saab has been arrested whilst the private jet he was flying in was refuelling in the African island republic of Cape Verde. His arrest may well concern an ally of his, Venezuelan leader Nicolas Maduro, because investigators in Miami want to extradite…
