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Alex Saab Pleads Guilty in Miami Federal Court, Agrees to Cooperate and Forfeit $195 Million
Alex Saab entered a guilty plea in federal court in Miami in connection with a corruption scheme. As part of the plea agreement, Saab agreed to cooperate with ongoing federal investigations. He also agreed to forfeit $195 million in criminal proceeds tied to the scheme. The plea finishes the court change of plea but leaves cooperation details and any additional proceedings subject to further federal action.
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