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Son-in-law of top foe of Venezuela’s president sentenced to 30 months on money laundering charge

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Associated Press

MIAMI (AP) — The son-in-law of a prominent Venezuelan opposition leader has been sentenced to two and a half years in prison for his role in a vast bribery conspiracy to siphon $1.2 billion from the state-owned oil company, some of which allegedly landed into accounts controlled by President Nicolás Maduro’s stepsons. Fernando Vuteff, 53, was arrested on a U.S. warrant in 2022 in Switzerland. The Argentine asset manager is the son-in-law of former Caracas Mayor Antonio Ledezma, a fierce Maduro opponent. He was charged in Miami federal court with laundering bribes and illicit proceeds from a fake foreign currency exchange scheme involving senior Venezuelan officials.

Article Topic Follows: AP National News

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Associated Press

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