Businessman wanted for years for allegedly bribing Venezuelan officials finally in U.S. custody
A businessman wanted for years in the U.S. for allegedly paying bribes to top Venezuelan officials in exchange for lucrative state contracts in Venezuela has been taken into custody.
TL;DR
- Alvaro Pulido, wanted in the U.S. for allegedly paying bribes to Venezuelan officials for state contracts, is now in U.S. custody.
- Pulido was indicted in Miami federal court in 2019 and again in 2021 as part of an investigation into his business partner, Alex Saab.
- The U.S. Drug Enforcement Administration and State Department had offered a reward of up to $10 million for information leading to his arrest.
- Pulido was arrested in Venezuela in 2023 during a crackdown on corruption within the state-run oil company PDVSA.
- Prosecutors allege Pulido and Saab used offshore shell companies to funnel bribes to top officials.
- Pulido's business partner, Alex Saab, pleaded guilty last month and agreed to cooperate with authorities.