Venezuelan VP sanctioned by US owns luxury condos in Miami

Miami /
Feb.February 14, 2017 06:00 PM

The Venezuelan vice president who was just sanctioned by the U.S. government for his ties to drug trafficking and Muslim extremists owns three luxury condos in South Florida, according to a new report.

The U.S. added Tarek El Aissami to its sanctions list on Monday following an investigation that revealed his “significant role in international narcotics trafficking,” the Miami Herald reported. The government also froze his access to an estimated $3 billion fortune, including companies tied to El Aissami’s accused front man Samark Lopez.

Some of those companies own three condos at the Four Seasons Miami tower in Brickell, according to the Herald. They paid nearly $7 million for the units between 2012 and 2013.

Venezuelan President Nicolas Maduro named El Aissami vice president in January, but the U.S. has been investigating him for months. Properties in the British Virgin Islands, Panama, the United Kingdom, the U.S. and Venezuela were also identified or blocked in the measure.

The Miami Herald cited El Aissami’s ties to radical Islamic organizations in the Middle East, including the Lebanon-based Hezbollah, and his direct involvement in drug-smuggling operations from Venezuela to the U.S. and Mexico. [Miami Herald] – Katherine Kallergis


Related Articles

arrow_forward_ios
From left: Jim Cohen, Nancy Corey, Nathan Zeder, Alicia Cervera Lamadrid, Phil Gutman and Mike Pappas (iStock)
South Florida’s pandemic-fueled residential market poised for bull run in 2021
South Florida’s pandemic-fueled residential market poised for bull run in 2021
Kathleen DuRoss Ford and 300 North Lake Way (Getty, Google Maps)
Kate Ford’s Palm Beach estate sells for $55M
Kate Ford’s Palm Beach estate sells for $55M
Oprah Winfrey and (inset) Lawrence Stroll over the unit (Getty)
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
Gables Town Colony apartment complex, Sue Ansel of Gables Residential
Gables Residential scores $85M loan for Boca Raton apartment complex
Gables Residential scores $85M loan for Boca Raton apartment complex
Broadstone City Center with Alliance Residential’s Bruce Ward and Nuveen CEO Jose Minaya
Nuveen pays $103M for West Palm luxury apartments
Nuveen pays $103M for West Palm luxury apartments
Edmund Ansin and the property (Credit: Google Maps)
Billionaire TV family sells Miramar property to Florida Crystals
Billionaire TV family sells Miramar property to Florida Crystals
Toscana apartments and Juan Porro of FCI Residential
Florida Crystals sells Margate rentals for $60M
Florida Crystals sells Margate rentals for $60M
From left: Andrea and Renzo Rosso
Diesel family dishes on Wynwood condo project
Diesel family dishes on Wynwood condo project
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...