Ocean Bank and Homeland Security Investigations Miami (HSI) Hold Presentation On Anti Money Laundering "Red Flags" on Venezuelan Public Corruption

The presentation by John Tobon, Deputy Special Agent in Charge for HSI, included how Venezuelan officials and Venezuelan state-owned entities attempt to manipulate the system through seemingly legitimate contracts, shell corporations and trading companies. Tobon oversees HSI financial crime and money laundering investigations in South Florida.  "Holding this event with HSI emphasizes Ocean Bank's culture of complying with FinCEN rules and regulations," said President and CEO Agostinho Alfonso Macedo. "Ocean Bank does not and will not open accounts for the Venezuelan government or officials of the Venezuelan government or anyone classified by the U.S. government as a Politically Exposed Person from Venezuela. More…