Reward for Information to Bring Colombian Money Launderer to Justice
MIAMI - The U.S. Drug Enforcement Administration (DEA) and the U.S. Department of State today announced a new reward for information that will lead to the location, arrest, and/or conviction of Colombian national Alvaro Pulido Vargas.
A reward of up to $10 million dollars is being offered through the U.S. Department of State’s Transnational Organized Crime Rewards Program. Beginning in 2015, Pulido and others began working to obtain or retain contracts to provide food to the Venezuelan people. Pulido and his co-conspirators allegedly marked-up the cost of producing the boxes of food in order to make a personal profit from their production. From this cost mark-up, the conspirators could pay the bribes and kickbacks to those Venezuelan government officials who assisted them in obtaining the contract to produce the boxes and make millions of dollars in profit for themselves.
According to the indictment against Pulido, as the Maduro regime’s shortage of U.S. dollars limited their ability to pay foreign companies, including their ability to pay Pulido and others for the importation into and distribution of boxes of food in Venezuela, Pulido and a co-conspirator started a business to liquidate the country’s gold. The money obtained through the gold liquidation was then used to pay foreign companies, including companies controlled by Pulido and a co-conspirator.
Pulido was charged via indictment in October 2021 along with four other individuals. The charges include one count of conspiracy to commit money laundering and five counts of laundering of monetary instruments. These charges are associated with the alleged felony violations of the Foreign Corrupt Practices Act and offenses against a foreign nation, specifically Venezuela, involving bribery of a public official, and the misappropriation, theft, and embezzlement of public funds by and for the benefit of a public official, as provided by Title 18, U.S. Code, Section 1956(c)(7)(B)(iv).
This reward is offered under the Department of State’s Transnational Organized Crime Rewards Program (TOCRP). More than 75 transnational criminals and major narcotics traffickers have been brought to justice under the TOCRP and the Narcotics Rewards Program (NRP) since 1986. The Department has paid more than $135 million in rewards to date.
The Bureau of International Narcotics and Law Enforcement Affairs (INL) manages the TOCRP in close coordination with the Drug Enforcement Administration (DEA), the Federal Bureau of Investigation (FBI), U.S. Immigration and Customs Enforcement’s Homeland Security Investigations (ICE/HSI), and other U.S. government agencies.
For more information on the individual listed above and the TOCRP and NRP, please see Department of State INL AntiCrime Rewards Program.
More information about this case can be found at www.flsd.uscourts.gov or http://pacer.flsd.uscourts.gov