BY ROY ALBERT ANDRADE, K1LLER, Inc.
MIAMI, FLORIDA - Matthias Krull, 44, a Panamanian resident born in Germany, and Gustavo Adolfo Hernandez Frieri, 45, a naturalized U.S. citizen born in Colombia, are alleged to have participated in a billion-dollar international plot to launder money embezzled from Petróleos de Venezuela, S.A. ( PDVSA), a Venezuelan state-owned oil company, using Miami, Florida property and false-investment schemes have been arrested. In December 2014, Matthias Krull and Gustavo Adolfo Hernandez Frieri embezzled nearly $600 million from PDVSA through bribery and fraud. In May 2015, they embezzled roughly $1.2 billion embezzled from PDVSA through a currency exchange scheme.
The charges contained in the complaint are merely allegations and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
Shawn W. Anderson
Jessica K. Mattingly
Roy Albert Andrade