Business ProfileforTransvalue Inc.
Current Alerts For This Business
UPDATE As of April 12, 2022:
Jesus Gabriel Rodriguez Jr pled guilty to 1 count of Entry of goods into the United States by means of false statements and was sentenced to 2 years Probation.
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The following describes a pending government action that has been formally brought by a government agency but has not yet been resolved. We are providing a summary of the governments allegations, which have not yet been proven.As of January 25, 2022:
Miami, Florida – Jesus Gabriel Rodriguez, Jr., 45, former CEO of Transvalue, a South Florida company that transported gold, cash, and other valuables by armored truck, pled guilty to submitting false customs documents that hid the true origin of gold being imported into Miami as part of a $140 million transnational illicit gold smuggling operation.
As part of his guilty plea, Rodriguez admitted that he facilitated the importation of thousands of kilograms of gold being flown into the United States from Curacao, knowing that the customs paperwork falsely represented the gold’s origins. Rodriguez’s co-conspirators were buyers who earned volume-based commissions by procuring gold for NTR Metals (now, Elemetals LLC). NTR Metals was a U.S. precious metals refinery with policies in place to combat money laundering, including not buying gold from Curacao, a country with no gold mines that is commonly used as waypoint for gold illegally mined in, and smuggled out of, other countries. Rodriguez helped co-conspirators dodge NTR Metals’ anti-money laundering policy and get the gold past U.S. Customs by working to conceal the gold’s origins and connections to Curacao.
Rodriguez agreed to forfeit $267,817 dollars as part of his guilty plea, an amount that represents the estimated increase in value to the business as a result of Rodriguez’s conduct and almost all of his personal earnings from the scheme.
Rodriguez is scheduled for sentencing on April 4, at 11:00 a.m., before U.S. District Judge Darrin P. Gayles, who sits in Miami. He faces up to 24 months in federal prison.
At-a-glance
Related Categories
Business Details
- Location of This Business
- 7421 NW 7th St, Miami, FL 33126-2906
- BBB File Opened:
- 1/25/2022
- Business Management
- Jesus Rodriguez SR., Vice President of Development
- Contact Information
Principal
- Jesus Rodriguez SR., Vice President of Development
Customer Contact
- Jesus Rodriguez SR., Vice President of Development
- Additional Contact Information
Email Addresses
- Primary
- Sales
Customer Complaints
0 Customer Complaints
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