US EditionChavista Regime Cracks Down on Black Market Dollar Handlers
- Venezuelan authorities arrested 25 suspects, including 15 men and 10 women, on June 3, 2025, across multiple states for manipulating black market dollar prices.
- The crackdown targeted 18 websites accused of unlawfully handling money without approval from banking regulators and manipulating parallel dollar exchange rates, which led to economic disruptions.
- The Ministry of the People’s Power of National Commerce deployed prosecutors nationwide to verify the use of the Central Bank of Venezuela's official exchange rate and to curb speculation.
- Interior Minister Diosdado Cabello stated, "Things were done in silence" and suspects were presented before courts, highlighting the operation’s quiet but thorough nature.
- This operation aims to protect consumer rights and stabilize the economy by enforcing official exchange rates and halting unauthorized parallel market activity.
12 Articles
12 Articles
Chavista regime cracks down on black market dollar handlers
Venezuelan authorities arrested 15 men and 10 women for their alleged involvement in manipulating the black market dollar, impacting the economy. The suspects, including operators, managers, liquidity providers, developers, programmers, and payment receivers, handled 18 websites setting parallel dollar prices, causing economic distortions. Some of these portals illegally captured funds without banking authorization, it was explained.
In the last week 20 people have been arrested in Venezuela related to websites that served as a reference to fix the price of the dollar in transactions outside the official market. The government of Nicolás Maduro has also deployed since this Monday prosecutors throughout the country to inspect that traders are fixing prices according to the official rate, whose value is determined by the Central Bank of Venezuela. The toughest times of control…
Chavista Regime Cracks Down on Black Market Dollar Handlers
Venezuelan authorities arrested 15 men and 10 women for their alleged involvement in manipulating the black market dollar, impacting the economy. The suspects, including operators, managers, liquidity providers, developers, programmers, and payment receivers, handled 18 websites setting parallel dollar prices, causing economic distortions. Some of these portals illegally captured funds without banking authorization, it was
Agents of the Chavista regime inspect shops throughout Venezuela to verify that the official price of the US dollar is being used as a reference for payments in bolívars, the national currency, reported Monday the Venezuelan state television channel (VTV). On its website, VTV indicated that the National Superintendency for the Defense of Socioeconomic Rights (Sundde) activated on the weekend a national deployment of prosecutors with the aim of «…
Prosecutors inspect shops throughout Venezuela to verify that the official price of the US dollar is being used as a reference for payments in bolivares, the national currency, reported Monday the Venezuelan state television channel (VTV).On its website, VTV indicated that the National Superintendency for the Defense of Socioeconomic Rights (Sundde) activated a national deployment of prosecutors on the weekend with the aim of "verifying that all…
The National Superintendency for the Defense of Socioeconomic Rights (Sundde) began this weekend a national deployment of control in shops throughout the country, with the aim of verifying that traders calculate prices and charge according to the official rate established by the Central Bank of Venezuela (BCV). “The Ministry of People’s Power of National Trade through the Sundde has deployed its prosecutors in the national territory. With the ob…
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