• Professor pleads guilty to laundering $2 million in proceeds from Venez

    From JAT@21:1/5 to All on Mon Jun 1 19:05:34 2020
    XPost: soc.culture.usa

    MIAMI — University of Miami professor Bruce Bagley pleaded guilty Monday
    to two counts of money laundering after being charged with using bank
    accounts in his name and in the name of a company he created in Florida
    to launder more than $2 million in proceeds from a Venezuelan bribery
    and corruption scheme.

    Bagley, recognized as an international scholar on drug cartels and money laundering, pleaded not guilty soon after his arrest in November 2019 in
    the New York case linked to South Florida, but filed a notice in March indicating that he planned to change his plea.

    “Bruce Bagley (…) went from writing the book on crime — literally
    writing a book on drug trafficking and organized crime — to committing crimes,” said Geoffrey S. Berman, the United States attorney for the
    Southern District of New York, in a press release. “Professor Bagley
    admitted today to laundering money for corrupt foreign nationals — the proceeds of bribery and corruption, stolen from the citizens of
    Venezuela. Bagley now faces the possibility of a long tenure in prison.”

    https://www.heraldmailmedia.com/news/nation/professor-pleads-guilty-to-laundering-2-million-in-proceeds-from-venezuelan-corruption/article_b1fd4744-a34f-50f5-b5f2-fad8b089d6c9.html

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    /jat
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