Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ World https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Bruce Begley, a professor at the University of Miami, accused of laundering Venezuelan money

Bruce Begley, a professor at the University of Miami, accused of laundering Venezuelan money



"The only lesson we need to learn today from Professor Begley is that engaging in public corruption, bribery, and misappropriation schemes will lead to prosecution," William F. Sweeney, Jr., head of the New FBI [19659002] Beagle, who edited the 2015 book "Drug Trafficking, Organized Crime, and Violence in America Today," was arrested by the FBI on Monday. A statement from the University of Miami said he had been placed on administrative leave "in light of this development."

"Feeling good," Begley told CBS Miami on Monday. "Not Guilty. Here's How I Feel.

Considered one of the most important experts in his field, Bugle has served as an advisor to the FBI, the State Department, the Drug Enforcement Administration and other federal agencies, according to his official biography He has been repeatedly invited to testify before Congress, has served as an expert witness in prominent lawsuits and has provided expertise on topics including money laundering to the governments of Colombia, Ecuador, Bolivia, Panama and Mexico.

Eric Cruz, Defender of Miami, who out using Begley as an expert witness in the cocaine trafficking process in October, he told the Miami Herald that the professor's arrest was "quite shocking." As a student at Miami University, he took Begley's class, "Drug Trafficking in [1

9659002] "I remember telling the class, 'This is not how to understand, it's a historical review,'" says Cruz.

He also appears frequently in the media, pops up in 1993's The Washington Post for cocaine trafficking in Panama as a "money laundering specialist at the University of Miami." The New York Times and NPR are usually looking for thoughts from above, such as attempts by the US government to combat drug trafficking abroad and January protests directed at Venezuela's President, Nicholas Maduro. As WLRN reporter Danny Rivero stated on Twitter, just hours before news of Begley's arrest was heard, he was cited as an expert in the history of PolitFact on the value of drugs carried across the US border. [19659002] In January, Bagley spoke to the Post about the story of Joaquin El Chapo by Guzman Loyer, who was being tried in Brooklyn at the time.

"You cannot give up your head," Begley said, referring to the Sinaloa cartel. "Decentralization makes it difficult to track, capture and arrest all the tentacles and a lot of money is flowing through the organization."

In recent years, according to prosecutors, Bugle has begun using his expertise to raise money, "according to which he received grafts and corruption in related to Venezuela public works projects in the United States.

Government records show that Bagley and his wife set up a business called Bagley Consultants Inc. in 2005, a company called Company -1 in the indictment almost did not operate in its first decade of existence, and in 2017 the Florida State Department dismissed it for failing to submit an annual report.

But before that happens, federal prosecutors say Begley opened a bank account in the name of the company. Then, in November 2017, he began receiving monthly deposits of approximately $ 200,000 at a time. The money came from a bank account based in the United Arab Emirates, ch allegedly belonged to a food company and another located in Switzerland, which used the name of a wealth management company based in the UAE

In fact, according to authorities, the money they come from an unnamed Colombian individual and “represent income from foreign bribery and appropriation stolen by the Venezuelan people. "It is alleged that the professor admitted so much in conversation with another person known only as" Individual-1 "who helped him move the money.

According to the prosecution, Begley and Individual-1 had a routine. They will go to Begley's bank – located in Weston, Florida, the heart of the Venezuelan diaspora of South Florida – and use a cashier's check to transfer money to Individual-1's account. Approximately 90 percent of the money misused goes to Individual-1, with the remainder linked to Begley's personal account.

To hide the true source of the money, Bagley concluded "fake contracts" with a Colombian national, prosecutors said in a statement Monday. However, the bank closed its business account around October 2018, referring to "suspicious activity". According to the prosecution, Begley's response was to open another bank account so that he could continue to receive remittances and collect cuts.

Court records do not specify what prompts investigators to look more closely at Bagley's finances, but in February they launched a sting operation to find out if he would accept a $ 224,000 bank deposit. The professor is said to have been informed that the money came from bribes and other corruption deals in Venezuela, but he helped move him anyway, keeping $ 44,000 to himself.

Although Begley is based in Florida, the case is prosecuted by an American lawyer for the Southern District of New York because the money went through New York before being credited. He is charged with two counts of money laundering and one count of conspiracy to commit money laundering and faces up to 20 years in prison on each charge if convicted.

"Today's charges of money laundering and conspiracy should serve as an objective lesson for Bruce Begley, now facing a potential appointment to federal prison. "Jeffrey S. Berman, the United States Attorney for the Southern District of New York, said in a statement Monday.

Begley, released on $ 300,000 bond Monday, could not be reached for comment late Monday night. His lawyer, Daniel Forman, told the Herald that he intends to "diligently defend" the case in court and fully expects Begley to be overturned.


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