Trump accused of illegally enriching himself with Venezuelan oil
**Trump** is accused of illegally profiting from Venezuelan oil. Transfers to family accounts and cryptocurrencies are under scrutiny.
English · Original discussion in Spanish · Published
**Donald Trump** is alleged to be diverting funds from Venezuelan oil, selling it at prices far below market value and transferring the difference to family accounts in the **United Arab Emirates**.
A barrel of oil is worth around **100 dollars**, but deals linked to **Venezuela** would be closing at a fraction of that price. It is claimed that **Chevron** pays around **77 dollars** per barrel into an account tied to the US government, money that would then be channelled to the **Trump** family.
## Diverted funds and opacity
The scheme described suggests that once in the **United Arab Emirates**, these funds would be converted into cryptocurrencies. Part of the money, it is estimated, could be handed over to the Venezuelan government, but most of it would remain in private hands. The pretext for these opaque transactions would be an executive order by **Barack Obama** that declared Venezuela a "threat", allowing negotiations under the cover of "national security interests".
## Millions at stake every day
If it is confirmed that **Venezuela** supplies **500,000 barrels** a day, and the value supposedly reaching the South American country is subtracted, **Trump's** daily profit could amount to **22 million dollars**. These funds, sent to the **United Arab Emirates**, would be intended to avoid possible freezes once his presidential term ends.
A barrel of oil is worth around **100 dollars**, but deals linked to **Venezuela** would be closing at a fraction of that price. It is claimed that **Chevron** pays around **77 dollars** per barrel into an account tied to the US government, money that would then be channelled to the **Trump** family.
## Diverted funds and opacity
The scheme described suggests that once in the **United Arab Emirates**, these funds would be converted into cryptocurrencies. Part of the money, it is estimated, could be handed over to the Venezuelan government, but most of it would remain in private hands. The pretext for these opaque transactions would be an executive order by **Barack Obama** that declared Venezuela a "threat", allowing negotiations under the cover of "national security interests".
## Millions at stake every day
If it is confirmed that **Venezuela** supplies **500,000 barrels** a day, and the value supposedly reaching the South American country is subtracted, **Trump's** daily profit could amount to **22 million dollars**. These funds, sent to the **United Arab Emirates**, would be intended to avoid possible freezes once his presidential term ends.
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Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (4 replies).
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