Prison for entrepreneurs over money laundering

On last Saturday, at the request of the Prosecutor’s Office, Flagrancy Judge David Lasso issued a preventive prison order for Ecuadorians Germania B., Rosalin M. and Byron E., for the alleged crime of money laundering by the companies Escastel, Prospermundo and Necuaven, in which the involved suspects acted as managers.

Investigations of the Prosecutor’s Office, in conjunction with members of the Tax Analysis Unit, Internal Revenue Service and the Judicial Police, determined that these companies allegedly exported to Venezuela, using the Regional Compensation Unitary System (Sucre), and generated transfers for up to $ 15 million from the Bolivarian country, while in their accounting records, they only justified a million.

Prosecutor Galo Chiriboga, at a press conference, informed of details of the operation, where they arrested the managers of the three companies and seized two vehicles and four high-value properties, located in Quito. The bank accounts of those involved are held and the ban on disposal of their assets has been lifted.

This case is the second involving money laundering that has been reported by the prosecution in recent days, since last Thursday they blocked $ 47.5 million of the account of the company Fondo Global de Construccion, also for alleged exports using the Sucre system. Chiriboga said they will continue the operations in other companies that are being investigated.

Galo Chiriboga (mid) at press conference.