Tag Archives: Venezuela

First Known Drone Attack in Venezuela

Last weekend, in Venezuela, the Venezuelan President, Nicolas Maduro, was attacked by two armed drones carrying explosives that were detonated while Maduro was delivering a speech on live television during a military ceremony. Although Maduro was not struck by the explosives, his administrative officials called it an assassination attempt. This drone attack was the most … Continue Reading

U.S. Treasury Warns Financial Institutions of Venezuelan Corruption and Money Laundering

The Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury issued an advisory on September 20 warning U.S. financial institutions of “money laundering schemes used by corrupt Venezuelan officials.” The advisory was addressed to Private Banking Units, Chief Risk Officers, Chief Compliance Officers, AML/BSA Analysts, Sanctions Analysts and Bank Legal Departments, and identified … Continue Reading
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