Fri | Aug 18, 2017

Venezuelan convicted in St. Lucia’s first case of money laundering

Published:Friday | April 1, 2016 | 4:00 AM

A Venezuelan national on Thursday became the first individual to be convicted in St Lucia for money laundering.

The police reported that Reglio Jesus Patino Reyes was sentenced to 12 months' imprisonment after being formally charged with the crime during an appearance in court last Tuesday.

He was arrested when police conducted a search at a hotel in the northern end of the island on December 4 and discovered a quantity of foreign currency in his possession.

It was revealed that the Venezuelan national had sums of US$7,610, €17,950, 4,020 Venezuelan bolivars, six dollars in Chinese currency and EC$5.

Reyes was taken to hospital where, on taking a laxative, it resulted in the expulsion of an additional 31 rolls of cash amounting to €14,000.

- CMC