The former head of Venezuela’s treasury, Alejandro Andrade, recently plead guilty to taking $1 billion in bribes and has been sentenced to 10 years in prison for money laundering.
His sentencing comes as Venezuela is in a crushing crisis, which has led to three million Venezuelans fleeing the country. The New York Times said, “The opulent lifestyle of the Andrade family was as spectacular as the economic collapse of the country they left behind. The family lived in a mansion in Florida surrounded by show horses, as neighbors peeked over the property line in awe. The family patriarch, Alejandro Andrade, had been a bodyguard of President Hugo Chávez before rising to powerful positions in his government.”
U.S Federal agents have seized real estate properties, fine watches, 10 cars including a Bentley, three Mercedes-Benz, and a Porsche, three jets, as well as horses that sold for over $2 million in an earlier auction.
The Florida property is being auctioned by the U.S. Department of the Treasury in conjunction with Homeland Security Investigations.
16912 Crown Bridge Drive, Delray Beach, Florida
A 4,504 ± square foot home with 4 bedrooms, 4.5 baths, kitchen with breakfast nook, living room with wet bar, dining room, office, laundry, 2 covered patios, attached 2-car garage, and detached 1-car garage. Located in the gated community of The Bridges, the property has an in-ground saltwater swimming pool and fence and is located on a cul-de-sac.
Open Houses: Saturday, April 13 and 20, 1:30-4:30 p.m. Auction date: Tuesday April 23rd.