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Latin Times
Latin Times
Politics
Pedro Camacho

U.S. Indicts Venezuelan Media Mogul for Alleged Laundering of $1.2B Tied to State Oil Funds

Venezuelan media mogul Raúl Gorrín (Credit: Creative Commons)

Raúl Gorrín, Venezuelan media mogul with ties to government politicians, faces new federal charges in Miami over allegations of conspiring to launder $1.2 billion reportedly taken from the government of the South American country.

Gorrín, whose influence grew through close ties with late Venezuelan President Hugo Chávez and current one Nicolás Maduro, acquired control of prominent Venezuelan companies, including insurer Aseguradora La Vitalicia and Globovisión, a news channel which quickly changed its editorial stance regarding the government, going from critical to amicable.

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