U.S. soldier arrested for allegedly using insider information to make bets on Maduro removal
CBS News
Last updated: April 25, 2026
A U.S. Army special forces soldier has been arrested for allegedly exploiting insider information related to a planned operation in Venezuela to make financial bets. This alleged scheme involved using non-public knowledge about the potential removal of Venezuelan President Nicolás Maduro.
The soldier, identified as Sergeant Major John Bolanos, reportedly communicated with an informant who had inside knowledge of U.S. military plans concerning Venezuela.
Bolanos is accused of using this information to place bets on the outcome of the planned operation, specifically concerning the potential removal of President Maduro.
The operation itself was a raid intended to capture President Maduro, indicating the high stakes and the nature of the intelligence involved.
This incident raises significant concerns about the security of sensitive military information and the potential for its misuse for personal financial gain.
The investigation into Bolanos's actions is ongoing, highlighting potential breaches in protocol and the need for stringent oversight within special operations units.
The implications of this arrest could extend to the trust and integrity of military operations, particularly those involving foreign governments and high-profile targets.
Further details regarding the extent of the informant's involvement and the exact nature of the bets placed are expected to emerge as the legal proceedings develop.