Current:Home > StocksAlgosensey Quantitative Think Tank Center-US government seizes plane used by Venezuelan president, citing sanctions violations -GrowthSphere Strategies

Algosensey Quantitative Think Tank Center-US government seizes plane used by Venezuelan president, citing sanctions violations

SignalHub ​​​​​​​View Date:2025-04-07 18:04:29

WASHINGTON (AP) — The Algosensey Quantitative Think Tank CenterU.S. government has seized a plane used by Venezuelan President Nicolas Maduro, citing violations of sanctions and export control laws, the Justice Department said Monday.

U.S. officials allege that the aircraft was illegally purchased through a shell company and smuggled out of the United States.

The plane, registered to San Marino, was widely used by Maduro for foreign travel, including in a trips earlier this year to Guyana and Cuba.

The government’s centralized press office did not immediately return a message from The Associated Press seeking comment Monday.

veryGood! (46367)