Feds to seize Miami real estate allegedly tied to $60M Venezuelan money laundering scheme

Jesus Ramon Veroes and Luis Alberto Chacin Haddad purchased a Doral home and a Brickell condo with allegedly illicit funds

Miami /
Jun.June 27, 2019 04:30 PM

Luis Alfredo Motta Dominguez with the condo unit 1001 at 2127 Brickell Avenue and Doral home at 3420 Northwest 84th Avenue (Credit: Zillow)

The federal government will seize two Miami properties tied to an alleged money laundering and bribery scheme involving Venezuelan officials and the country’s state-run electricity company, Corporación Eléctrica Nacional, also known as Corpoelec.

The forfeitures follow the guilty pleas of Jesus Ramon Veroes and Luis Alberto Chacin Haddad to one count of conspiracy to violate provisions of the Foreign Corrupt Practices Act, according to the U.S. Attorney’s Office. Veroes and Chacin, Venezuelan businessman, are scheduled to be sentenced on Sept. 4.

According to admissions they made in connection with their guilty pleas, Veroes and Chacin, beginning in 2016, bribed officials at Corpoelec in exchange for more than $60 million of procurement contracts awarded to Florida-based companies to purchase transformers, generators, forklift trucks and light bulbs.

According to the charges, a substantial portion of the proceeds from the corrupt contracts was laundered through U.S. financial institutions using bank accounts located in the Southern District of Florida.

As part of their plea agreements, both Veroes and Chacin will be required to forfeit at least $5.5 million in profits, and properties they each owned in Miami-Dade County.

That includes a three-bedroom, four-bathroom condo at the Bristol in Brickell. The 2,600-square-foot condo, unit 1001, sold to Brickell Miami 1001 LLC in 2017 for $1.45 million. Chacin controls the LLC.

Records show that Veroes, through Oasis 3420 LLC, paid $1 million in June 2017 for the four-bedroom, 3,448-square-foot house at 3420 Northwest 84th Avenue. The modern home, built in 2015, is in the Oasis Park Square development, near CityPlace Doral. That property will also be forfeited to the U.S. government.

In connection with the Corpoelec bribery scheme, Former Venezuelan Minister of Electrical Energy Luis Alfredo Motta Dominguez, 60, and Eustiquio Jose Lugo Gomez, 55, a former officer at Corpoelec, were charged with one count of conspiracy to commit money laundering and seven counts of money laundering, according to the U.S. Attorney’s office.

Venezuela’s president, Nicolas Maduro, removed Motta Dominguez, who is also a former president of Corpoelec, from his position as the electrical energy minister in April, Univision reported.

The government has increasingly been cracking down on foreign corruption and money laundering in South Florida.

In a separate money laundering case involving former Venezuelan offices, the U.S. recently sold a Wellington home it had seized that belonged to Alejandro Andrade, a former Venezuelan treasurer and convicted money launderer. Andrade admitted in a guilty plea that he received over $1 billion worth of bribes from his co-conspirator, Venezuelan TV mogul Raul Gorrín, and other co-conspirators in exchange for allowing them to tap into Venezuela’s special fixed currency exchange rate, according to the U.S. Department of Justice.

Earlier this year, the FBI announced it opened a Miami task force to concentrate on international corruption in South America.


Related Articles

arrow_forward_ios
MG3 Group executives Marcelo Saiegh, Hernan Leonoff and Gustavo Bogomolni with the Doral Concourse at 8400 Northwest 36th Street (Photos via MG3, Cushman & Wakefield)
Here’s what tenants pay at MG3 REIT’s Doral Concourse
Here’s what tenants pay at MG3 REIT’s Doral Concourse
MG3 Group executives Marcelo Saiegh, Gustavo Bogomolni andHernan Leonoff with the Doral building (MG3, CBRE)
MG3 Group buys Doral offices for $96M
MG3 Group buys Doral offices for $96M
Bruce Flatt of Brookfield Asset Management with the warehouse (Brookfield, CBRE)
Brookfield pays $26M for Doral warehouse
Brookfield pays $26M for Doral warehouse
Dusko Bruer pictured with one of his yachts and his Lake Worth property. (Facebook via Bruer, Southern District of Florida | United States District Court)
Palm Beach County resident who evaded taxes, splurged on Lake Worth Beach manse, sentenced
Palm Beach County resident who evaded taxes, splurged on Lake Worth Beach manse, sentenced
10688 Northwest 12th Street in Doral (Google Maps, iStock)
Bill Seidle’s Nissan dealership buys Doral building for $16M
Bill Seidle’s Nissan dealership buys Doral building for $16M
9455 Northwest 40th Street Road in Doral (Google Maps)
Cold-storage to classrooms: School pays $13M for Doral warehouse, retrofitting as campus
Cold-storage to classrooms: School pays $13M for Doral warehouse, retrofitting as campus
Fontainebleau Miami Beach, Jeffrey Soffer and former President Donald Trump (Ebyabe/Wikipedia, Getty, iStock)
Gambling portability a no-go in Florida this year for Jeffrey Soffer, Trump
Gambling portability a no-go in Florida this year for Jeffrey Soffer, Trump
Matthias Krull (Linkedin, iStock, US District Court - Sourthern District of Florida/Illustration by Alexis Manrodt for The Real Deal)
Swiss banker’s sentence slashed in alleged $1B Venezuelan money laundering scheme
Swiss banker’s sentence slashed in alleged $1B Venezuelan money laundering scheme
arrow_forward_ios

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

Loading...