London 25.06.2012 | It is a matter of great pride to learn that the investigation collaboration I did with Mabel Renhfeldt, about a multimillion dollar fraud in Paraguay, among others by Venezuelans Marcelo Barone and Elisabel Vasquez Galiño, has led to 15 indictments and two international arrest warrants. The fraud, perpetrated at CAJUBI, a workers retirement fund of the Brazil-Paraguay Itaipu hydroelectric dam, is believed to amount to $160 millions.
Barone and wife-partner Vasquez Galiño, both Venezuelan, were last seen in London last December according to former PA and chauffeur. Between 2006 and 2007 they were given in excess of $36 millions, by corrupt CAJUBI executives for «high return investments.» With the funds, Barone and Vasquez Galiño went on a real estate acquisition spree in London, in partnership with other local companies / partners. Both Barone and Vasquez Galindo are now wanted by Paraguayan authorities for their involvement in the fraud. Members of CAJUBI’s executive board have been also indicted, while former prosecutor has been dismissed from the case.
Tomado de Marcelo Barone and Elisabel Vasquez Galiño wanted in Paraguay