An indictment unsealed Monday charged a Venezuelan TV network owner with violating the Foreign Corrupt Practices Act and laundering money using U.S. banks and real estate deals.
Raúl Gorrín was charged with paying $160 million in bribes to officials in Venezuela over at least a decade.
Gorrín, 50, owns the Globovisión network in Caracas. He’s also the head of an insurance brokerage, Seguros La Vitalicia. He lives in Miami.
The indictment, filed in August but unsealed (pdf) Monday in West Palm Beach, charged Gorrín with bribing two officials in the Venezuela National Treasury to help him evade currency controls and embezzle state funds.
He was also charged with laundering money through U.S. banks and real estate deals involving luxury properties in South Florida and New York, among other places.
He faces one count of conspiracy to violate the FCPA, one count of conspiracy to commit money laundering, and nine counts of money laundering.
One of the properties is a home in Coral Gables that’s for sale for $8 million. The Miami Herald said federal authorities plan to seize the mansion.
Gorrín’s personal banker, the Miami Herald said, was Matthias Krull.
Last month Krull, 44, was jailed ten years in the United States for his role in an embezzlement and money-laundering scheme at Venezuela’s state oil company, Petróleos de Venezuela S.A. or PDVSA.
The German national had been vice chairman of Julius Baer Panama. He was arrested in Miami in July.
Krull is cooperating with the U.S. Attorney’s Office and Homeland Security Investigations, the Miami Herald said.
Gorrín hasn’t been charged in the PDVSA case.
Richard L. Cassin is the publisher and editor of the FCPA Blog.