Alex Saab Pleads Guilty in Venezuela Corruption Case | Charlotte News

Alex Saab, Maduro’s longtime financial fixer, just pleaded guilty to money laundering tied to a massive bribery scheme that funneled millions from Venezuela’s food aid and oil contracts. In exchange for a lighter sentence and cooperation—including naming four others—he’ll hand over $195 million. Deported in May, he’s been under U.S. scrutiny for over a decade; Biden pardoned him in 2023 as part of a failed election push, sparking backlash. Now, prosecutors are pushing hard to exploit his testimony as the U.S. eyes Venezuela’s oil riches—and Saab’s network allegedly used shell companies to skim billions while faking documents to steal funds meant for starving Venezuelans. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Sources:https://www.wsoctv.com/news/business/maduro-ally-alex/6RFQ6CBGGUZB5DEHBNVNDN46CA/ More coverage & latest updates:https://sources.thednn.ai/e81332359b5b3ffd Report issues to [email protected].