Alex Nain Saab Moran, a close ally of Venezuelan President Nicolás Maduro, was deported by Venezuela to the United States to face federal charges accusing him of leading a money laundering and bribery scheme tied to Venezuela’s state-run food program and oil industry, Venezuelan officials said.
Saab, 55, of Colombia, appeared in federal court in Miami on Monday, according to the U.S. Attorney’s Office for the Southern District of Florida.
Prosecutors alleged Saab led a scheme beginning around 2015 to defraud the CLAP welfare program, which was intended to provide food to vulnerable and impoverished Venezuelans. They said Saab and his associates paid bribes to Venezuelan officials to secure contracts, then used shell companies, fraudulent invoices, and falsified shipping records to embezzle hundreds of millions of dollars.
Prosecutors also alleged that, around 2019, Saab and his associates sold billions of dollars’ worth of Venezuelan state-owned oil while evading U.S. sanctions. According to the Justice Department, the proceeds were routed through U.S. bank accounts to conceal the transactions and continue the earlier fraud scheme.
U.S. Attorney Jason A. Reding Quiñones said in a statement: “When illicit proceeds are moved through the United States financial system, our courts have jurisdiction and our prosecutors will act.”
Saab was indicted in the United States in 2019 and extradited from Cabo Verde in 2021.
If convicted, Saab faces up to 20 years in federal prison. Prosecutors are also seeking forfeiture of any property or proceeds allegedly tied to the conduct.