Contact

Click here for a confidential contact or call:

1-212-350-2764

November 27, 2018

Posted  November 27, 2018

Following a guilty plea for receiving over $1 billion in bribes, the former Venezuelan national treasurer, Alejandro Andrade Cedeno (“Andrade”), was sentenced to ten years in prison and agreed to a forfeiture money judgment of $1 billion.  Andrade received the bribes in cash as well as private jets, yachts, cars, homes, champion horses, and high-end watches, in exchange for selecting the bribers to conduct currency exchange transactions for the Venezuelan government. DOJ

Tagged in: Criminal Proceedings, FCPA, Financial and Investment Fraud, Money Laundering,

Newsletter

Subscribe to receive email updates from the Constantine Cannon blogs

Sign up for: