Venezuelan Media Tycoon Charged in $1.2 Billion Money Laundering Scheme

Raul Gorrin Belisario is accused of laundering funds from Venezuela's state oil company PDVSA through bribery and luxury purchases.

Raul Gorrin Belisario, owner of the Globovisión network, is charged with conspiracy to commit money laundering involving $1.2 billion.
The scheme involved bribing Venezuelan officials to secure lucrative currency exchange contracts with the state-run PDVSA.
Gorrin allegedly funneled the laundered money through U.S. financial systems, purchasing real estate, yachts, and luxury goods.
Federal prosecutors have linked Gorrin to previous corruption cases, and he remains at large, considered a fugitive by U.S. authorities.
The case highlights the U.S. Justice Department's ongoing efforts to combat foreign corruption and money laundering through its financial systems.