US Sanctions Maduro’s Stepsons Over Massive Scheme to Steal From Food-for-Poor Program

US Sanctions Maduro’s Stepsons Over Massive Scheme to Steal From Food-for-Poor Program
Venezuelan President Nicolas Maduro (R) speaks with First Lady Cilia Flores at Miraflores presidential palace in Caracas on April 7, 2016. Juan Barreto/AFP/Getty Images
Petr Svab
Petr Svab
reporter
|Updated:

On July 25, the United States imposed sanctions on three stepsons of illegitimate Venezuelan President Nicolás Maduro, accusing them of getting kickbacks for giving associates, such as Colombian businessman Alex Saab, access to hundreds of millions of dollars in overvalued government contracts.

In total, the Treasury sanctioned 10 people and 13 companies involved in what it described as schemes to defraud Venezuelan people through overvalued food and housing contracts, as well as by selling Venezuelan gold to Turkey.

Petr Svab
Petr Svab
reporter
Petr Svab is a reporter covering New York. Previously, he covered national topics including politics, economy, education, and law enforcement.
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