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Tuesday, May 06, 2008

Cuba: Fugitive American financier Robert Vesco died in November

Cuba: Fugitive American financier Robert Vesco died in November
By ANDREA RODRIGUEZ | Associated Press
8:41 PM EDT, May 5, 2008

HAVANA - Robert Vesco, the American fugitive who cooked up moneymaking
schemes that allegedly involved everyone from Colombian drug lords to
the families of U.S. presidents, died in Cuba and was buried almost six
months ago, according to an official document.

A burial record at Havana's Colon Cemetery shows that a man with the
same name and birthdate -- Dec. 4, 1935 -- died on Nov. 23 from lung
cancer and was buried the next day in a private plot. He was 71, less
than two weeks shy of his 72nd birthday.

In his lifetime, Vesco was accused of looting millions from a Swiss
mutual fund, attempting to find U.S. planes for Libya and inventing a
drug that he claimed could cure AIDS.

He was linked to Latin American presidents, Soviet spies, smugglers of
high-technology equipment -- even the CIA. And he was good at hiding.

Writer Arthur Herzog, who once interviewed Vesco in Cuba for a
biography, called him ``a master of disguises,'' noting the infamous con
man had long employed elaborate schemes to escape justice.

``I don't know for sure, but I'm not certain he's dead,'' Herzog said
from his home in New York. He said he recently spoke with a contact in
Havana who indicated he had talked with Vesco in recent weeks.

Vesco was so crafty, a DNA test on the buried corpse would be necessary
to know for certain it was him, Herzog said. U.S. officials in Cuba said
Monday they were unaware of Vesco's death.

Vesco evaded American justice during a quarter-century odyssey through
the Caribbean and Central America after fleeing the U.S. in 1972.

It was Cuban courts that finally put him in prison in 1996, convicting
him of marketing a drug, which he claimed could cure cancer and AIDS,
without government permission. His business partner Donald A. Nixon Jr.,
the nephew of former President Richard Nixon _ was detained along with
Vesco, but was later released.

Vesco ended up serving most of his 13-year sentence, though it was not
clear when he was released.

Vesco is still wanted in the United States on charges of looting $224
million from investors in a Swiss-based mutual stock fund.

He also was indicted for allegedly contributing $200,000 to Nixon's 1972
campaign to try to head off a probe by the U.S. Securities and Exchange
Commission. Two Nixon Cabinet members were later tried and acquitted.

Vesco renounced his American citizenship and traveled around the
Caribbean and Central America in a yacht and various private planes _
including a custom Boeing 707 equipped with a sauna.

He settled in Costa Rica, but was kicked out after a new president took
office there in 1978.

Vesco moved to the Bahamas, but fled in 1981 aboard his $1.3 million
yacht just before Bahamian authorities issued orders to deport him. In
the United States, prosecutors accused him of plotting to pay a kickback
to Billy Carter, brother of President Jimmy Carter, to win U.S.
permission for Libya to buy C-130 military planes.

Vesco surfaced on the small Caribbean isle of Antigua in 1982 with a
plan to buy half of Barbuda, Antigua's small sister island, and
establish a principality called the Sovereign Order of New Aragon.

By the fall of that year he was living in Nicaragua. U.S. drug officials
later said he collaborated with the Sandinista government to bring
cocaine into the United States.

At the end of 1982, he came to Cuba, where he lived off the island of
Cayo Largo aboard his yacht with his wife and children. The couple
eventually separated and Vesco lived for years with a Cuban woman.

Vesco remained safe from U.S. justice in Cuba, which for decades has
been at odds with the United States and refused repeated American
requests to extradite him.

Cuban President Fidel Castro said in 1985 that his country allowed Vesco
to come for medical treatment, accusing U.S. officials of persecuting
the fugitive. ``Is it right to harass a man like that?'' he asked.

But Cuban officials began distancing themselves from him in the early
1990s after a U.S. federal indictment accused Vesco of working with
Carlos Lehder Rivas, then reputed head of Colombia's Medellin drug
cartel, to win Cuban permission for drug flights over the island.

Associated Press Reporter Anita Snow contributed to this report from Havana.

http://www.sun-sentinel.com/news/local/cuba/sfl-55vesco,0,6493875.story

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