AMERICANALMANAC (Ken Jacobs) - Maduro's 'bag man' pleads guilty to laundering $195 million skimmed from Venezuelan food program
Alex Saab, the Colombian-born businessman U.S. officials call Nicolás Maduro's "frontman," pleaded guilty in Miami federal court to money laundering tied to a bribery scheme that looted a food program meant for Venezuela's poorest citizens. Saab, 54, entered his plea Tuesday before Judge Kathleen Williams in the Southern District of Florida on a single count […] The post Maduro's 'bag man' pleads guilty to laundering $195 million skimmed from Venezuelan food program appeared first on American Almanac .
Alex Saab, the Colombian-born businessman U.S. officials call Nicolás Maduro's "frontman," pleaded guilty in Miami federal court to money laundering tied to a bribery scheme that looted a food program meant for Venezuela's poorest citizens. Saab, 54, entered his plea Tuesday before Judge Kathleen Williams in the Southern District of Florida on a single count of money laundering. He agreed to forfeit $195 million and to cooperate with continuing federal investigations, a deal that could make him a key witness against Maduro himself, who sits in a Manhattan jail awaiting trial on drug charges after a U.S. military raid captured him in January. U.S. Attorney Jason A. Reding Quiñones attended the proceedings alongside more than a dozen…Open