October 30, 2018

Money laundering conspiracy conviction in Venezuela bribery case

Ivan Alexis Guedez, a former procurement officer for Petroleos de Venezuela, S.A. (PDVSA), pleaded guilty to one count of conspiracy to commit money laundering.  According to the information, Guedez entered into an agreement with several businessmen in Miami to direct PDVSA contracts to their business in exchange for the payment of bribes to PDVSA officials.  Guedez and his co-conspirators established fake email accounts and created false invoices to conceal the bribes.  Guedez is the fifteenth individual to plead guilty to offenses committed in connection with PDVSA business.

DOJ press releaseGuedez criminal information