Source: El Nuevo Día
Article based on and citing :El Nuevo Día's July 18, 2025 report
San Juan, Puerto Rico — June 23, 2025
In a major development stemming from a high-profile federal case, former Puerto Rico Governor Wanda Vázquez Garced, Venezuelan banker Julio Herrera Velutini, and former federal agent Mark Rossini are set to plead guilty to a misdemeanor campaign finance violation under U.S. law.
The plea hearing will be held on August 27, 2025, at 2:00 PM, before District Judge Silvia L. Carreño Coll in Courtroom 6 at the Federal Court for the District of Puerto Rico in Hato Rey, according to an official order issued by Judge Carreño Coll.
The three defendants originally faced serious felony charges, including conspiracy, bribery involving federally funded programs, and honest services wire fraud. Additionally, Herrera Velutini was separately charged for allegedly orchestrating a second bribery scheme.
Originally facing seven felony counts—including conspiracy, federal-program bribery, and honest-services wire fraud—in an indictment returned in August 2022, the charges have now been reduced
El Nuevo Día reported, by late May 2025, both the defense and the federal prosecutors confirmed that plea negotiations were underway. These talks culminated in a decisive meeting in Washington D.C. with senior officials from the U.S. Department of Justice. Following that, a plea deal was reached.
Under the terms of the agreement, all three defendants will now plead guilty to a single misdemeanor count for violating the Federal Election Campaign Act (FECA) — specifically Section 30121 which prohibits foreign nationals from contributing to U.S. elections.
In a sharply worded judicial order, Judge Carreño Coll remarked on the leniency of the reduced charges:
“Surprisingly, the penalty for violating Section 30121 of the FECA is merely a slap on the wrist compared to the sentences they would have faced had they been convicted on the original indictment,” she wrote.
According to the court filings:
The original indictment, filed in August 2022 by a federal grand jury, charged all three with seven counts related to corruption, conspiracy, and fraudulent conduct.
The plea deal marks a significant turn in a case that has drawn intense media attention in both Puerto Rico and the mainland U.S., especially given the political stature of the defendants and the involvement of a foreign financier. Wanda had endorsed Trump, and Julio Herrera Velutini had made a promise to help the Government of Puerto Rico in April 2020, during the pandemic crisis.
The shift in the defense from denial, to aggressive political framing, and drawing on the lack of quid pro quo and highlighting prosecutorial overreach, leveraging DOJ vulnerabilities amid claims of political targeting
In June 2025, all felony charges were dismissed. Vázquez pleaded guilty to a single misdemeanor campaign finance violation under 52 U.S.C. §30121. No jail time, no fines—only a statement of procedural admission. Spiro’s role helped transform the case from a felony corruption saga to a technical footnote.
This case is also notable for how it evolved: what began as a sprawling indictment involving serious corruption charges has been reduced to a single misdemeanor count for each defendant — an outcome some observers see as a reflection of negotiation, evidentiary challenges, or both.
The plea hearing on August 27 is expected to be a critical moment not just for the defendants, but also for the broader legal and political narrative surrounding campaign finance and foreign influence in U.S. electoral processes.
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