Special Forces Major Accused of $400K Gambling Scheme Using Secret Intel on Botched Maduro Raid

Forbes · 2026-04-27
Special Forces Major Accused of $400K Gambling Scheme Using Secret Intel on Botched Maduro Raid

A decorated U.S. Army Special Forces Major, Michael A. Van Stralen, is facing federal charges for allegedly exploiting classified intelligence related to the failed 2020 "Operation Absolute Resolve," aimed at capturing Venezuelan President Nicolás Maduro. Prosecutors claim Van Stralen used non-public, sensitive information about the operation's details and anticipated outcome to place illegal bets, accumulating over $400,000 in profits. This case raises significant concerns about national security, insider trading within elite military ranks, and the adequacy of oversight for personnel handling classified information. The charges include willful retention of national defense information and wire fraud. The legal proceedings will likely involve complex battles over classified evidence, with the outcome potentially setting new precedents for prosecuting similar offenses. The incident underscores the need for continuous reinforcement of internal security measures and ethical conduct within the armed forces.