All of those oil-rich Venezuela socialist just had a wake-up call in Florida. All of that oil money that they laundered into South Florida just got scooped up by the federal government. More than a billion dollars that were stolen from the oil industry in the Chavez run oil industry had been filtered into real estate and bank accounts in Florida and other world banks as well. For them, the party is definitely over. This money was stolen as the nation descended into abject poverty, unbelievable inflation, and even starvation. Just taking their money and property is probably not enough punishment for these criminals, but it is a start.
As Written and Reported By Monica Showalter for the American Thinker:
As Venezuela descends into ruin and millions flee their homeland, one byproduct of its lethal socialism has generally gotten off scot-free: the crony capitalist oil billions of Venezuela’s Chavista nomenklatura elites, made rich by looting Venezuela’s oil bounty.
Well, until now. The Miami Herald reports:
Federal prosecutors have frozen hundreds of millions of dollars in South Florida luxury real estate and other assets linked to a network of Venezuelan business people and former government officials charged with laundering more than $1 billion that U.S. authorities say was stolen from the country’s vast oil income.
Among the targeted assets are at least 17 South Florida homes, condos and horse ranches ranging in total value from $22 million to $35 million, based on property assessments in public records and real estate market estimates.
They include a condo in the Porsche Design Tower in Sunny Isles Beach, a residence in the affluent Bay Point area of Miami, four homes in the exclusive Cocoplum neighborhood of Coral Gables, and two ranches in the wealthy equestrian community of Wellington in Palm Beach County.
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