Thursday, December 22, 2016

U.S. charges Florida men with laundering money for Venezuelan officials

A Florida construction equipment exporter's owners were arrested on Wednesday on charges they illegally transferred over $100 million (£81 million) from businesses largely in Venezuela to U.S. and foreign bank accounts belonging to Venezuelan government officials and others.

Luis Diaz Jr., 74, and his son, Luis Javier Diaz, 49, were charged in a criminal complaint filed in Manhattan federal court with conspiring to commit money laundering and operate an unlicensed money transmitting business.

Both men, who run Miami Equipment & Export Co, according to their firm's website, were arrested in Miami, said a spokesman for Manhattan U.S. Attorney Preet Bharara. Their lawyers did not immediately respond to requests for comment ....