Foreign Corruption: Nepmar Jesus Escalona Enriquez, Former Venezuelan Military Official Pleads Guilty to Money Laundering and Bribery Scheme

He pleaded guilty to one count of conspiracy to commit money laundering. Escalona is set to be sentenced on May 23 and could face a maximum penalty of 20 years in prison. The actual sentence will be determined by a federal district court judge, taking into account the U.S. Sentencing Guidelines and other relevant statutory factors.

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A former major in the Venezuelan National Guard has admitted to participating in a money laundering scheme. This scheme involved bribing foreign officials and defrauding foreign financial institutions. Nepmar Jesus Escalona Enriquez, 47, who currently resides in Fort Lauderdale, Florida, and previously lived in Venezuela, was involved in an illegal scheme that used bribery and false pretenses to submit fraudulent applications to the Venezuelan currency regulation authority, CADIVI.

These applications were designed to deceive Banesco Bank, the Central Bank of Venezuela, and Venezuelan customs authorities into releasing U.S. dollars to Escalona and his co-conspirators outside of Venezuela. The applications were supposedly for financing food imports into Venezuela but were actually a way for the conspirators to enrich themselves. This illegal activity led to the transfer of nearly $1.7 million in U.S. dollars from Banesco Bank into an account controlled by the conspirators.

Escalona also confessed that, at least once, the conspirators orchestrated a series of bribes to officials in Venezuela to avoid detection of their fraudulent activities. Additionally, he admitted to instructing a co-conspirator in another instance to wire transfer proceeds of the fraud, along with funds earmarked for bribes, to four financial institutions in the United States. These illicit wire transfers amounted to approximately $420,847.

He pleaded guilty to one count of conspiracy to commit money laundering. Escalona is set to be sentenced on May 23 and could face a maximum penalty of 20 years in prison. The actual sentence will be determined by a federal district court judge, taking into account the U.S. Sentencing Guidelines and other relevant statutory factors.

Acting Assistant Attorney General Nicole M. Argentieri from the Justice Department’s Criminal Division, U.S. Attorney Markenzy Lapointe for the Southern District of Florida, and Special Agent in Charge Deanne L. Reuter of the Drug Enforcement Administration’s (DEA) Miami Field Division jointly announced the news.

The case is being investigated by the DEA’s Miami Field Division.

Trial Attorney Emily Cohen and Deputy Chief Joseph Palazzo from the Criminal Division’s Money Laundering and Asset Recovery Section, along with Assistant U.S. Attorney Andrea Goldbarg for the Southern District of Florida, are handling the prosecution.

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