Trump administration quietly closes criminal probe into Venezuela businessman amid oil deal
- Posted on September 4, 2026
- By CNN
- 2 Views
- 1 min read
In brief
Generating AI summary…
Trump administration quietly closes criminal probe into Venezuela businessman amid oil deal
For a decade, Venezuelan businessman Alejandro Betancourt has been ensnared in the tentacles of a sprawling Justice Department probe into a sophisticated billion-dollar money laundering scheme that US prosecutors allege embezzled funds from Venezuela’s state-owned oil company known as PDVSA.