Juan Carlos Escotet Alviarez.Photo: Banesco USA

JUAN CARLOS ESCOTET ALVIAREZ

The family ofJuan Carlos Escotet Alviarezhas issued a statement following his death over the weekend.

“His family asks for privacy and respect from the press during this very difficult time as they grieve this tremendous loss. Thank you,” the statement concluded.

Escotet Alviarez is the son of Juan Carlos Escotet Rodriguez, the founder of of the Caracas-based banking group Banesco. PerForbes, the 62-year-old banking executive has a net worth of $3.5 billion.

Escotet Alviarez is listed on the company’swebsiteas a director of Banesco, which has not commented on the incident.

Juan Carlos Escotet Alviarez, Andrea Montero and others.Otoro Fishing Instagram

Otoro Fishing Instagram

That afternoon, Andrea Montero, 30, fell overboard from their 60-foot boat while fishing during a tournament, the report states. In an attempt to rescue her, Escotet Alviarez, 31, “voluntarily jumped out of the vessel off the starboard stern” and was then “struck with the vessel’s propellers and died from his injuries.”

FWC spokesperson Jason Rafter previously toldThe Miami Heraldthat Montero hit her head but was not seriously injured.

“Rough as it was, she couldn’t say whether it was when she went over or coming back in. She doesn’t remember when it happened,” Rafter said, clarifying that the timing of her injury was not immediately clear.

Saturday marked thefinal day of the tournament.Logsshow the pair caught five fish on Saturday, prior to the accident.

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Earlier this week, Troy Hall — who was also on the boat at the time of the accident, per the FWC’s report — shared that he was still trying to “wrap my head around what happened.”

In asocial media post, Hall reflected on how the day had started off great and “in seconds” everything was “taken away.”

source: people.com