Venezuelan Luxury Jeweler Exclusividades Vagú Linked to Plus Ultra Rescue Funds

Exclusividades Vagú, a high‑end jewelry and watch retailer founded in Caracas, appears in the judicial investigation of the financial flows tied to the state‑backed rescue of the Venezuelan airline Plus Ultra. The probe traces a network of companies and transfers through which part of the rescue money moved, with Vagú identified as one of the entities handling the funds. The firm operates boutiques and stores in at least five countries across Latin America and represents prestigious brands such as Breitling, Greubel Forsey, Roberto Coin and others. While its inclusion in the case does not imply criminal liability, investigators are examining the role of the jeweler in the alleged financial scheme surrounding the airline’s bailout.