The Financial Horizons
No Result
View All Result
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
  • Latest News
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
  • Latest News
No Result
View All Result
The Financial Horizons
No Result
View All Result
Home Latest News

US seizes Venezuelan leader Maduro’s plane in the Dominican Republic

by
September 2, 2024
in Latest News
0
US seizes Venezuelan leader Maduro’s plane in the Dominican Republic
0
SHARES
9
VIEWS
Share on FacebookShare on Twitter

The United States seized a plane owned by Venezuelan President Nicolás Maduro in the Dominican Republic, Fox News has confirmed. 

Homeland Security Investigations (HSI) flew Maduro’s personal plane back to the United States Monday morning, when it landed in Fort Lauderdale, Florida, and is now in U.S. custody, a U.S. official told Fox News following an initial report by CNN.

The plane, described by officials as Maduro’s version of ‘Air Force One,’ is used for Maduro’s state visits around the world and was seized in the Dominican Republic after it was purchased through a straw company in violation of sanctions laws and export controls, the official said. U.S. authorities cited a specific violation of U.S. executive order 13884, signed by former President Donald Trump in 2019. 

The plane, valued at $13 million, is a Dassault Falcon 900-EX. The seizure was a result of a joint investigation with HSI and the U.S. Department of Commerce.

‘This morning, the Justice Department seized an aircraft we allege was illegally purchased for $13 million through a shell company and smuggled out of the United States for use by Nicolás Maduro and his cronies,’ U.S. Attorney General Merrick Garland said in a statement. ‘The Department will continue to pursue those who violate our sanctions and export controls to prevent them from using American resources to undermine the national security of the United States.’

‘Let this seizure send a clear message: aircraft illegally acquired from the United States for the benefit of sanctioned Venezuelan officials cannot just fly off into the sunset,’ Assistant Secretary for Export Enforcement Matthew Axelrod, of the Department of Commerce, added.  ‘It doesn’t matter how fancy the private jet or how powerful the officials – we will work relentlessly with our partners here and across the globe to identify and return any aircraft illegally smuggled outside of the United States.’

The seizure is expected to further frost relations between the U.S. and Venezuela.

In August 2019, Trump issued Executive Order 13884, which prohibits U.S. persons from engaging in transactions with persons who have acted or purported to act directly or indirectly for or on behalf of, the government of Venezuela, including as a member of the Maduro regime. To protect U.S. national security and foreign policy interests, the Department of Commerce has also imposed export controls for items intended, entirely or in part, for a Venezuelan military or military-intelligence end user, the Justice Department said Monday. 

In late 2022 and early 2023, persons affiliated with Maduro allegedly used a Caribbean-based shell company to conceal their involvement in the illegal purchase of the Dassault Falcon 900EX aircraft, which at the time was valued at approximately $13 million, from a company based in the Southern District of Florida, according to U.S. investigators.

Federal investigators say the aircraft was then illegally exported from the United States to Venezuela through the Caribbean in April 2023. Since May 2023, the Dassault Falcon, bearing tail number T7-ESPRT, ‘has flown almost exclusively to and from a military base in Venezuela and has been used for the benefit of Maduro and his representatives, including to transport Maduro on visits to other countries,’ the DOJ said. 

The Department of Commerce Bureau of Industry and Security Miami Field Office is investigating the case, along with the DHS, HSI El Dorado Task Force Miami. 

Fox News’ David Spunt contributed to this report.

This post appeared first on FOX NEWS
Previous Post

Israeli President Herzog apologizes to slain American hostage Hersh Goldberg-Polin during emotional eulogy

Next Post

Venezuelan prosecutor seeks arrest warrant for opposition’s former presidential candidate

Next Post
Venezuelan prosecutor seeks arrest warrant for opposition’s former presidential candidate

Venezuelan prosecutor seeks arrest warrant for opposition’s former presidential candidate

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Former Clinton aide Huma Abedin, Alex Soros marry in swank Hamptons wedding packed with Dem heavyweights

    Former Clinton aide Huma Abedin, Alex Soros marry in swank Hamptons wedding packed with Dem heavyweights

    June 15, 2025
    Dems ‘deliberately obfuscating’ truth about ‘big, beautiful bill’ with this claim: Watchdog

    Dems ‘deliberately obfuscating’ truth about ‘big, beautiful bill’ with this claim: Watchdog

    June 15, 2025
    Trump says national security concerns in Nippon-U.S. Steel deal can be resolved

    Trump says national security concerns in Nippon-U.S. Steel deal can be resolved

    June 15, 2025
    US Embassy in Israel tells government employees, families to shelter in place amid Iran strikes

    US Embassy in Israel tells government employees, families to shelter in place amid Iran strikes

    June 15, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: Thefinancialhorizons.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thefinancialhorizons.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Editor’s Pick
    • Latest News

    Disclaimer: Thefinancialhorizons.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thefinancialhorizons.com | All Rights Reserved