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☆ Russian Nationals Arrested Over Alleged Scheme to Evade U.S. Sanctions
▼ + stars: | 2022-10-19 | by ( Richard Vanderford | ) www.wsj.com time to read: +3 min

Two Russian nationals were arrested for allegedly using their Germany-based company as a front to move black market oil and sensitive equipment with military uses in defiance of U.S. sanctions. Three other Russian nationals and two Venezuelans were also charged in what prosecutors described as a global scheme to evade U.S. sanctions and export controls. The U.S. Treasury Department on Wednesday unveiled sanctions against Mr. Orekhov, NDA and Opus Energy Trading LLC, another Orekhov-linked company. The alleged oil buyers included a Russian aluminum company controlled by a sanctioned oligarch and a Chinese energy conglomerate, neither of which were named by prosecutors. Some of the same electronic components obtained through the scheme were found in Russian weapons platforms seized in Ukraine, prosecutors said.

☆ Venezuela Bondholders’ Claim on Citgo to Be Decided by New York’s Top Court
▼ + stars: | 2022-10-13 | by ( Andrew Scurria | ) www.wsj.com time to read: 1 min

A federal appeals court deferred ruling on whether U.S. bondholders have valid claims over Venezuela’s prized oil refiner Citgo Petroleum Corp., instead asking New York state’s highest court to decide on the disputed $1.7 billion debt. The Second Circuit Court of Appeals in New York asked for guidance on whether bondholders are entitled to seize the controlling stake in Citgo they hold as collateral after Venezuela’s opposition movement stopped making payments on bonds secured by the Houston-based refiner.

Carlos Castañeda and Genesis Martusciello fled Venezuela in the middle of the previous decade, arriving in Miami with little money and few prospects but in search of a better life. Within a few years, the young couple had access to millions of dollars. They achieved their sudden wealth through what Florida real-estate attorneys call one of the boldest real-estate frauds the U.S. has ever seen.

☆ Venezuela rejects U.N. report detailing rights abuses, torture allegations
▼ + stars: | 2022-09-26 | by ( Associated Press | ) www.nbcnews.com time to read: +3 min

Hector Constant Rosales, Venezuela’s ambassador in Geneva, rejected the report released last week by the experts working for the U.N.’s Human Rights Council as a “pseudo report” that masked “obscure interests” opposed to the South American country. The government had not previously responded to the report — the third in a series from the council’s fact-finding mission on Venezuela. It also said Maduro had ordered torture in some cases, but provided no details of specific instances. The main targets included opposition leaders, students, journalists and people working for nongovernmental organizations, it said. Maduro’s government has not allowed the U.N.-backed experts to enter Venezuela or responded to over 20 letters they sent to authorities.

Ron DeSantis sent two planes of mostly Venezuelan asylum-seekers to Martha's Vineyard in Massachusetts, advertising executive Max Lefeld slammed the move as a political stunt. A group of migrants huddle on a sidewalk in front of St. Andrews Episcopal Church in Martha's Vineyard, Mass. The divisions largely fall along political lines, with Venezuelan Republicans defending DeSantis and Democrats blasting the move. Venezuelan migrants often cross the perilous Darien Gap in the Colombia-Panama border and then make their way north across Central America. Now many Venezuelans are divided, with Republicans defending DeSantis’ move to send Venezuelans to Martha’s Vineyard and Democrats condemning it.

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