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US detains Venezuelan corruption fugitive after seven-year pursuit

US detains Venezuelan corruption fugitive after seven-year pursuit

Money Moves

Álvaro Pulido faces two money laundering indictments worth over $2 billion — days after his partner began cooperating with prosecutors

Today: DOJ announces Pulido in federal custody

Overview

Updated 1 hour ago

After seven years as a federal fugitive, Colombian businessman Álvaro Pulido is in US custody, due in a Miami courtroom Tuesday. He faces two indictments accusing him of laundering more than $2 billion stolen from Venezuelan government programs.

His capture caps a US push that has gained momentum since Maduro's ouster in January. His longtime partner Alex Saab already pleaded guilty and is cooperating with prosecutors. The question now is who else his testimony touches.

Why it matters

US prosecutors now hold two of the Maduro regime's key money men, and one is already cooperating — more arrests may follow.

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Key Indicators

$2B+
Alleged total laundered across both indictments
Amount federal prosecutors say Pulido helped launder in two separate schemes.
$10M
US reward offered for Pulido's capture
Posted by the DEA and State Department for information leading to his arrest.
$195M
Forfeiture in Saab's plea deal
Alex Saab agreed to surrender this amount and cooperate with prosecutors.
$1.6B
Value of CLAP contracts in first scheme
Contracts Pulido and co-defendants allegedly won by bribing Venezuelan officials.

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People Involved

Organizations Involved

Timeline

July 2019 October 2026

8 events Latest: Today
Tap a bar to jump to that date
  1. DOJ announces Pulido in federal custody

    Today Statement

    Justice Department confirms Pulido faces two indictments, due in Miami court Tuesday.

  2. Maduro removed from power

    Political

    Delcy Rodríguez becomes acting president after Maduro's ouster in January.

Scenarios

1

Pulido pleads guilty, joins Saab as cooperating witness

Likely Resolves by Q2 2027

Discussed by: Miami Herald coverage of the two transfers and Saab's plea deal

Saab's path likely becomes the template. Facing over $2 billion in charges, a prior drug conviction, and now in US custody, Pulido has little to gain from trial. His attorneys could negotiate a deal mirroring Saab's: a guilty plea, forfeiture, and cooperation that names higher-ups in the schemes.

2

Pulido fights the charges at trial

Possible Resolves by End of 2027

Discussed by: Justice Department statement signaling it will prosecute, not settle

With decades in prison at stake, Pulido could gamble on testing the government's evidence. A trial would mean bringing Venezuelan witnesses to Miami and litigating schemes that reach back to 2011. His 1997 conviction would likely surface and could weigh against him at sentencing if he loses.

3

Cooperation widens the case to more Maduro officials

Likely Resolves by Jan 31, 2028

Discussed by: Miami Herald noting Saab's pledge to testify; DOJ framing of the pursuit

Saab's plea deal binds him to testify at future trials, and a Pulido plea would add a second cooperating insider. Prosecutors have long targeted Maduro-era figures. With regime change making witnesses available, the cooperation could produce new indictments against officials who approved the contracts and took the bribes.

Historical Context

3 moments from history that rhyme with this story — and how they unfolded.

December 1989 - April 1992

Noriega capture and trial (1989-1992)

US forces invaded Panama and seized strongman Manuel Noriega, who had been indicted in Miami on drug trafficking charges. He surrendered after a standoff at the Vatican embassy and was flown to the US for trial.

Then

Noriega was convicted in 1992 and sentenced to 40 years in federal prison.

Now

The case established that US federal courts could try a foreign leader for crimes under US law.

Why this matters now

Like Noriega, Pulido faces prosecution in a US federal courtroom after a regime he served fell. Miami has been the venue of choice in both cases.

January 2017 - July 2019

El Chapo's extradition and trial (2017-2019)

After years as one of the world's most wanted fugitives, with a US reward on his head, Joaquín 'El Chapo' Guzmán was transferred from Mexico to US custody in 2017. A Brooklyn jury convicted him of drug trafficking in 2019.

Then

Guzmán was sentenced to life in prison plus 30 years.

Now

The case showed the US bringing a high-value foreign fugitive to American courts after a long international pursuit.

Why this matters now

Pulido's arc mirrors Guzmán's: a reward posted, years on the run, then US custody and a federal trial. The difference is the charge — money laundering rather than drug trafficking.

2017 - 2020

Maduro-era US prosecutions (2017-2020)

US prosecutors indicted several Venezuelan and foreign figures linked to Maduro's inner circle on drug trafficking, corruption, and money laundering charges, including the 2018 indictment of Caracas TV executive Raúl Gorrín.

Then

Several defendants were arrested abroad and extradited; others remained at large.

Now

The cases built a record of evidence against the regime that is now being used as Maduro's allies fall.

Why this matters now

Pulido's case is part of a longer pattern of US pursuit of Maduro-era corruption. The new factor is regime change, which makes defendants reachable.

Sources

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