Alex Saab Pleads Guilty in Venezuela Scandal | Miami News

Alex Saab, Maduro’s alleged “bag man,” pleads guilty to money laundering tied to a massive bribery scheme for government contracts, agreeing to cooperate and surrender $195 million. Already under federal scrutiny for over a decade and deported from Venezuela in May, Saab could face up to 20 years—but prosecutors may offer leniency for his testimony. His controversial pardon by Biden in 2023, exchanged for freeing U.S. citizens jailed in Venezuela, sparked backlash and renewed investigations. With the U.S. now eyeing deeper involvement in Venezuela’s oil sector through a new partnership, Saab’s cooperation could even lead to Maduro’s downfall. 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.cbsnews.com/miami/news/alex-saab-guilty-money-laundering-nicolas-maduro/ More coverage & latest updates:https://sources.thednn.ai/89350fa4c85db51e Report issues to [email protected].