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Venezuelans Tied to Cash Transfer Scandal Drop Suit Against Amex Unit
By Brian Orsak
printTwo Venezuelan businessmen accused by U.S. prosecutors of acting as clandestine agents for Hugo Chavez's government have dropped a lawsuit against American Express Bank International related to $25 million the men had placed with the bank. Franklin Duran and Carlos Kauffmann dropped the suit on December 14, after they where charged with illegally acting as unregistered agents of Venezuela in a case prosecutors say involved an attempt to transfer $800,000 in cash to an Argentine presidential candidate. In the lawsuit, filed December 7, the two men said American Express Bank International committed civil theft by refusing to return the $25...
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