US: BIDDING UNDERWAY FOR SHOWJUMPING HORSES SEIZED IN MONEY LAUNDERING CASE

Horse & Hound on 25th February reported that the US authorities were to offer 14 horses in an online auction.  They were formerly owned by Venezuelan, Alejandro Andrade and ridden by his son, Emanuel Andrade.  The father was sentenced to 10 years in prison in November for money laundering.  As part of the settlement of the case, Andrade senior agreed to give up a range of assets, including the horses.

https://www.horseandhound.co.uk/news/bidding-way-elite-showjumpers-seized-money-laundering-case-680025

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s