Venezuelan Gold Business
After the United States and the Venezuelan oppositions failed coup attempt on the Government of Nicolas Maduro on April 30th, 2019, life went back to normal in the chaos of Venezuela. Not only has life gone back to normal, but for many in the world of organized crime and trafficking, things are booming. The Narcos and the traffickers also know that as long as they pay their dues and cooperate with the Maduro Government, they are untouchable by law enforcement be it from the United States or Western Europe.
The trafficking routes established between the coastal towns – and organized crime hubs – of Guiria and Macuro in Sucre State, Venezuela and the coastal towns of Chaguaramas and Woodbrook in Trinidad & Tobago is a blatant example of how unconcealed the trafficking is. Venezuela and Trinidad & Tobago are on 6.8 miles apart at their closest point!
The kidnapping of women aged between 14 years to 25 years is on the rise all over Venezuela, and in Trinidad & Tobago they pay up to 1.000 USD$ per woman. The human trafficking business in Venezuela is controlled by the Bolivarian Intelligence and Bolivarian National Guard. They have found that controlling human trafficking is an easy and profitable way of making money.
The Venezuelan drug trafficking business is booming between the coastal towns in Sucre State and Trinidad & Tobago. Venezuelan Coast Guard, Bolivarian National Guard, Bolivarian Intelligence and Military Intelligence are all profiting as are members of the Trinidad & Tobago Coast Guard and political figures.
It’s understood the Trinidad & Tobago Coast Guard is not well equipped, it lacks manpower but is corrupt. They intercept boats with illegal immigrants coming from Venezuela but do not touch or chase the ones carrying drugs and women that will be working or sold as prostitutes.
Venezuela’s third-largest export is gold, and the country’s gold production is controlled by the military. Reuters reported that officially 20 tons of national reserve gold and 23 tons of mined gold were taken to Istanbul, Turkey in 2018. In November 2018, U.S. President Donald Trump signed an executive order to “ban U.S. persons from dealing with entities and individuals involved with ‘corrupt or deceptive’ gold sales from Venezuela.”
Since the U.S. imposed sanctions on Venezuela and due to the dilapidated state of the oil industry, the Venezuelan government, with the help of organized crime groups, have found the gold business a nice and quick way of making money.
Gold miners killed by rivals in Bolívar state… SEBIN Commandos were the first on the scene after the killings…
In 2016 the Venezuelan government foreseeing economic and political problems in the future created the Arco Minero del Orinoco that covers the states of Bolívar, Amazonas and Delta Amacuro. The area covered by the Arco Minero del Orinoco is rich in mineral resources; experts estimate 7,000 tons of gold, copper, diamonds, uranium, coltan, iron, bauxite and other mineral reserves. Environmental and human rights groups immediately raised concerns about the potential destruction and pollution of the environment and the exploitation of those who would be working in and supporting the mining operations.
At the moment the main areas of activity are El Callao, Tumeremo and Las Cristinas in Bolívar State and the main commodity is gold. The area covered by Arco Minero del Orinoco can be classed as one of the most lawless, dangerous and corrupt places on earth. Nothing that happens there is clean, life is cheap, the money is dirty, and business is booming.
The Venezuelan soldier in the below photos was caught stealing gold by the criminal gang “Pranes’. The took out his eyes and chopped his hands off.
The main players overseeing the Venezuelan gold business are the usual suspects… President Nicolas Maduro, his son Nicolás Maduro Guerra and his wife Cilia Flores. Two of Cilia Flores’ nephews were arrested in Haiti in 2015 by the U.S. DEA, on drug trafficking charges and sentenced to 18 years in U.S. prison. There is Tareck El Aissami who is wanted by the US authorities, a serving Venezuelan politician, the Minister of Industries and National Production, and also reportedly a Hezbollah liaison. And then, of course, there is the GNB (Bolivarian National Guard), FANB (Bolivarian army and Bolivarian navy) and SEBIN (National Intelligence Service).
Other players and foot soldiers in the Venezuelan gold business include:
- Colombian guerrillas: They operate will the full support from the Venezuelan regime; it’s believed that there are more than 2.000 well-armed and well-equipped guerrilla members performing security activities and gold extraction in Bolívar state. The direct order (coming from President Maduro) to the Bolivarian Armed Forces, is to support and help them in everything, weapons, ammunition, uniforms, vehicles and even transporting them on helicopters that belong to the Air Force or Army. Every single military base in Bolívar state has the order to assist and shelter guerrilla group members.
- Venezuelan gang members: Gang members form such groups as Pranes are into almost every dirty way of making money; extortion, killing, kidnapping, drug trafficking, human trafficking, etc. And now they are into the gold business with the blessing from high-up officials from the Venezuelan regime. They’re responsible for at least 1.000 murders just in Bolívar state. Since last year, the Colombian guerrillas have been taking over their territory, which is turning the situation into a medium scale war.
- Local gold mafia: The gold business in Bolívar state is old and established. Most of the businessmen from Bolívar state trade in gold, they’re well-armed, but they prefer to stay low profile. You can see them and their people at their gold shops in almost every single town and Puerto Ordaz city.
- Syrian nationals: Recently, many people from Syria have been moving to Venezuela and establishing themselves in Bolívar state and the gold business; they come will full support from Tareck El Aissami.
- Hezbollah: Hezbollah is performing activities related to gold extraction and trafficking. The terrorist group has a large international network and is making a lot of money in Venezuela; the gold ends up in Turkey, UAE, and even Syria.
Syrian gold dealers in Bolívar state, Venezuela
Mixed in with these groups are the Chinese, Turks, and Russians who are operating in the Venezuelan gold business and trying to stay clean and out of the turf wars. The Venezuelan gold is being trafficked regionally by air or river into Colombia, Brazil, Guyana, and Suriname where it can be mixed in and marked as locally produced and then moved internationally to Turkey, Tanzania, and UAE, etc.
Russians are now a common sight in certain Caracas neighborhoods.
Most of Bolívar and the neighboring States are covered in jungle, and thick forest and the only way of getting into many towns is by air. The bush pilots in the area the best-paid pilots in Venezuela, all they do is fly logistics, food, weapons, gold, prostitutes, medicines and anything else needed.
Venezuelan gold business brings with it chaos, crime, kidnapping, murder, well-armed gang members and guerrillas but it’s booming because of the vast amount of money that is being made by those involved. The profits from the Venezuelan gold business go to sustain the affluent lifestyles of those in the upper echelons but also to corrupt officials and influential people in the region and internationally that can help facilitate criminal industry which these days is Venezuela’s main export.