Tuesday, 20 November 2018

Feds tie another alleged $1B money laundering scheme to Porsche Design Tower, along with NY properties

Federal authorities charged a Venezuelan TV magnate for his role in a billion-dollar money laundering and currency exchange scheme involving real estate around the world, including two dozen properties in Miami and New York. The indictment follows a separate billion-dollar money laundering scheme in July that included real estate in South Florida. In that case, federal prosecutors say top Venezuelan officials siphoned funds out of the state oil company, and into assets throughout the world. […]



source https://therealdeal.com/miami/2018/11/20/feds-tie-another-alleged-1b-money-laundering-scheme-to-porsche-design-tower-along-with-ny-properties/#new_tab

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