Fiancée of billionaire banking heir killed in boating tragedy doesn’t remember falling in the water

A woman whose fiancé, a billionaire banking heir, was killed in a horrific Florida boating accident can’t remember when she was accidentally run over by the ship’s captain.

Juan Carlos Escotet Alviarez, 31, was mauled by a 36-inch razor-sharp propeller when he jumped into the water to save his fiancée, Andrea Montero, during a fishing contest on Saturday afternoon.

She was knocked off the boat by the captain when he tripped while trying to help a boy with a fishing rod.

Montero, 30, managed to stay clear of the propellers and avoid serious injury before being safely pulled out of the water.

Florida Fish and Wildlife Conservation Commission (FWC) officials say she hit her head, but it’s unclear whether it was during her fall or when the boat crew brought her back to the boat. using a flotation ring. She wouldn’t remember the accident.

“As brutal as it was, she couldn’t tell if it was when she went or came back. She can’t remember when it happened,” said Officer Jason Rafter, a porter. word of the FWC. Miami Herald Monday.

Her fiance, who is the son of a Spanish-Venezuelan billionaire, hit the propeller as soon as he entered the water and died of his injuries. The Alviarez family declined to comment on the tragedy.

Andrea Montero (left) does not recall falling from a fishing boat and falling into the ocean on Saturday. Officials say she hit her head. Her fiancé, Juan Carlos Escotet Alviarez (right), jumped into the water to save her and was mauled by a razor-sharp propeller spanning 36 inches. He died of his injuries

Alviarez was swept away in the engine's wake of the 60-foot craft about six miles off Key Largo, according to the FWC report.  The banking heir appears to have been a fan of competitive fishing, according to an Instagram page that documented his hobby.  Above, Alviarez (center in dark blue shirt) with his fiancée Andrea Montero, 30 (center)

Alviarez was swept away in the engine’s wake of the 60-foot craft about six miles off Key Largo, according to the FWC report. The banking heir appears to have been a fan of competitive fishing, according to an Instagram page that documented his hobby. Above, Alviarez (center in dark blue shirt) with his fiancée Andrea Montero, 30 (center)

The boat was backing up at the time of the accident, indicating that the fishermen were fighting a game fish when Montero went down.  Authorities are continuing to investigate the incident and say it could be months before the family find out exactly what happened

The boat was backing up at the time of the accident, indicating that the fishermen were fighting a game fish when Montero went down. Authorities are continuing to investigate the incident and say it could be months before the family find out exactly what happened

Alviarez was swept away in the engine’s wake of the 60-foot craft about six miles off Key Largo, according to the FWC report. Based on the size of the boat, experts say the propeller was likely up to 36 inches in diameter.

The couple, who were due to marry in November, were taking part in a fishing tournament organized by the Ocean Reef Club, a gated community.

The boat was backing up at the time of the accident, indicating that the fishermen were fighting a game fish when Montero went down.

Authorities are continuing to investigate the incident and say it could be months before the family knows exactly what happened.

However, fishing professionals told the newspaper that if someone falls while a boat is backing up, there is a good chance they will hit a propeller.

“If I back up on a fish and someone falls as the boat is backing up, there’s a real possibility they’ll end up in the propeller,” said Larry Wren, captain of a fishing boat based in Islamorada. noted. “If you fall, you are under the vehicle. It’s a tragedy, but it can happen any day. It’s the same as a marlin jumping into the boat and spearing someone. It happens.’

The couple, who were due to wed in November, were taking part in a fishing tournament organized by the Ocean Reef Club, a gated community

The couple, who were due to wed in November, were taking part in a fishing tournament organized by the Ocean Reef Club, a gated community

Alviarez's father, Juan Carlos Escotet, is the founder of Venezuelan bank Banesco and is worth $3.5 billion.

Alviarez’s father, Juan Carlos Escotet, is the founder of Venezuelan bank Banesco and is worth $3.5 billion.

Alviarez’s father, Juan Carlos Escotet, 62, is the founder of Venezuelan bank Banesco and is worth $3.5 billion, according to Forbes.

The son is a graduate of the University of Miami and served on the board of Banesco USA, the US division headquartered in Miami, according to company information. website.

On the company’s website, the bank said Alviarez had “extensive experience in real estate development in the Miami area.”

Two of his brothers also work for the bank, according to a Venezuelan newspaper El Nacional.

The banking heir appears to have been a fan of competitive fishing, according to an Instagram page that documented his hobby.

In a photo dated January 31, 2021, he appears alongside his fiancée and other friends aboard a boat named Otoro.

“Despite the slow fishing this weekend, we had a great time in the #reefcup as always. I still managed to catch two on Friday and one Saturday. Came in 6th out of 51 boats and second place on the day of the Friday,” he wrote.

Alviarez’s father, Juan Carlos Escotet, was born in Madrid in 1959 and grew up as one of eight children of Spanish immigrants in Venezuela.

He started working full-time as a courier for Banco Union in 1976 at the age of 17, while studying evening economics.

“Banking doesn’t work in my family,” Escotet told Mercado de Republica Dominicana magazine. “What runs in my family is a lot of education and a lot of perseverance.”

Aviarez often took to Instagram to show off his catches and his passion for fishing

Aviarez often took to Instagram to show off his catches and his passion for fishing

Aviarez was a graduate of the University of Miami and had a

Aviarez was a graduate of the University of Miami and had “extensive experience in real estate development” in the city, according to his biography on the Banesco USA website.

Alviarez and his fiancée, who were due to wed in November, were taking part in a fishing tournament hosted by the Ocean Reef Club, a gated community in Key Largo

Alviarez and his fiancée, who were due to wed in November, were taking part in a fishing tournament hosted by the Ocean Reef Club, a gated community in Key Largo

He founded a brokerage firm in 1986, according to Bloomberg, and added banking services in 1991, expanding to Panama the following year.

In 2001, he merged his bank with Banco Union, which had employed him in college.

Banesco has branches in Venezuela, Spain, United States, Panama, Puerto Rico, Brazil, Dominican Republic, Colombia, Switzerland, Germany, Portugal, United Kingdom and France.

In 2013, Banesco acquired Spanish bank Abanca for $1.3 billion.

The self-made billionaire, who lives in Spain, holds a master’s degree in management from the University of Miami, according to his biography on the Abanca website.

He also sits on the board of directors of the Spanish Confederation of Savings Banks, or CECA.