U.S. sanctions target food subsidy scam in Venezuela, charges businessman

WASHINGTON (Reuters) - The United States imposed sanctions on Thursday on 10 people and 13 groups in a Venezuelan food subsidy scheme the U.S. Treasury said lined the pockets of President Nicolas Maduro, his stepsons and others as ordinary Venezuelans suffer food shortages. The Treasury Department said Colombian national Alex Nain Saab orchestrated a vast corruption network for food imports and distribution in Venezuela and profited from overvalued contracts, including the food subsidy programme

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