VENEZUELA USES PANAMA COMPANIES TO HIDE THEIR IDENTITY | MONTE FRIESNER BREAKING NEWS |
TRADE WITH VENEZUELA HAS UNIQUE PITFALLS |
FROM THE - JOURNALS of Monte Friesner – Criminal & Intelligence Analyst and Consulaire for WANTED SA ~
Contributed & Written by Kenneth Rijock
Remember the recent disclosure that Venezuela dismantled shipped an F-16 to Iran, together with pilots to assist in training Iran's air defence system in how to detect and shoot down invading aircraft.. Israel, Iran's most likely adversary, employs the F-16 extensively.
Anything that your bank clients are shipping to Venezuela may transshipped straight to Iran. Dual-purpose goods, in particular, are a danger. You do not want your bank to be named as a facilitator of WMD or ballistic missile sanctions evasion. Check all your clients' documents carefully before accepting payments for exports, please.
*One defendant has not pled out. United States vs. Alberto Pichardo, Case No.: 12-cr-20478 (SD FL).