One of America’s most wanted criminals used Ireland to hide cash in $1.2bn money laundering scam as CAB freeze accounts, Irish Sun Paper Today.

Venezuelan media tycoon Raul Gorrin Belisario is described as a ‘professional money launderer’

ONE of America’s most wanted used Irish investment funds to hide cash from a staggering $1.2 billion money laundering scheme.

The Irish Sun can reveal that the Criminal Assets Bureau suspect two separate payments of $12.5m were sent to Ireland in a scam run by fugitive and Venezuelan media tycoon Raul Gorrin Belisario, 56.Investigators from CAB were contacted by Immigration and Customs Enforcement (ICE) under ‘Operation Money Flight’ last year.

Once established, officers from CAB then froze $10m in two accounts on suspicion they were obtained through the “proceeds of crime”.

Investigations are also continuing as part of ongoing efforts to establish where the other $15m was sent to.