Anti-Financial Crime & Financial Crime Compliance
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NEWS: Cartel ‘headed’ by Venezuela leader Maduro hit with US sanctions

Venezuelan President Nicolas Maduro in Caracas, Venezuela, December 8, 2020. REUTERS/Manaure Quintero

By PAUL O’DONOGHUE, Senior Correspondent THE US has hit the Venezuelan criminal network Cartel de los Soles, allegedly headed by President Nicolás Maduro, with sanctions. The Treasury Department’s Office of Foreign Assets Control (OFAC) announced the move. The designation freezes all U.S.-linked property and financial interests tied to the cartel. OFAC said the group supports…

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