November 18 2019
Prof. Bruce Bagley Participated in the International Laundering of over $2 Million Derived from Venezuelan Bribery and Corruption.
Geoffrey S. Berman, the United States Attorney for the Southern District of New York and William F. Sweeney Jr., the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”) announced the arrest today of BRUCE BAGLEY on charges of conspiracy to commit money laundering and money laundering. BAGLEY allegedly participated in a conspiracy to launder the proceeds of a Venezuelan bribery and corruption scheme into the United States. BAGLEY will be presented today in federal court in Miami, Florida. The case is assigned to U.S. District Judge Jed S. Rakoff in the Southern District of New York.
