18 Feb 2019
AP — FBI agents raided a bank in Puerto Rico Wednesday amid allegations over violations of U.S. sanctions imposed on those who do business with Venezuela’s government.
FBI spokesman Luis Rivera-Santana told The Associated Press that agents had a search warrant to identify funds that might be linked to entities or individuals on the sanction list. He said federal officials suspect someone might have used the bank to launder money from a person or entity on that list.
No one has been arrested as part of the investigation against the bank, BSJI, which is located in the capital of San Juan. It lists contact numbers for the U.S. and Venezuela and states that it offers financial services to international customers.
Link to AP
Advance your CPD minutes for reading this article, by signing up and using the CPD WalletFREE CPD Wallet