US·United States
Julio Herrera Velutini
Banker
active
LINKED SCANDALS
1
LEGAL EVENTS
0
RESEARCH
4 days ago
SANCTIONS
CLEAR
Deep research · Exaupdated 4 days ago
Julio Herrera Velutini is an Italian-Venezuelan banker and founder of Britannia Financial Group. In August 2022, he was indicted in the U.S. District Court for the District of Puerto Rico on seven felony counts, including conspiracy, federal program bribery, and honest services wire fraud, related to allegations of bribing former Puerto Rico Governor Wanda Vázquez Garced to influence banking regulation. In August 2025, prosecutors dismissed all felony charges after he pleaded guilty to a misdemeanor violation of federal campaign finance law. In January 2026, President Donald J. Trump granted him a full pardon, and the federal case was dismissed in its entirety.
Separately, Herrera Velutini’s former institution, Bancredito International Bank & Trust, was ordered into liquidation by Puerto Rican authorities in January 2023. This followed a $15 million fine from the Financial Crimes Enforcement Network (FinCEN) for failing to report hundreds of millions of dollars in suspicious transactions linked to money laundering, drug trafficking, and Ponzi schemes.
Citations
Julio Herrera Velutini
en.wikipedia.org · 2026-05-19
Banker’s Bid to Toss Bribery Indictment Denied, At Least For Now
news.bloomberglaw.com · 2024-03-20
Expensive Art at Stake as Venezuelan Banker Faces U.S. Bribery Charges | OCCRP
www.occrp.org
Tory donor pleads not guilty to US bribery charges
www.bbc.com · 2022-09-01
Bribery? What bribery? DOJ gives notable defendants sweet deal
www.floridabulldog.org · 2025-06-25
Julio Herrera Velutini: Banking, Finance & Legal Profile
www.capitalistme.com · 2026-01-13
Julio Herrera Velutini's Attorney Announces Dismissal of All Major Charges Against the Banker: "The Evidence Did Not Support the Allegations," He Stated
www.prnewswire.com · 2025-08-29
BEFORE THE FEDERAL ELECTION COMMISSION CAMPAIGN LEGAL CENTER ROGER G. WIEAND 1101 14th Street NW, Suite 400 Washington, DC 20005
s3.documentcloud.org
Linked scandals← back