Gerald and Patricia Green faced a forfeiture count and lost everything — their house, car, bank accounts, company, pension assets, and more.
The DOJ on Thursday said California-based Lindsey Manufacturing Company and two of its executives were indicted for their alleged roles in a conspiracy to bribe officials at Mexico’s state-owned utility, the Comisión Federal de Electricidad (CFE).… Continue Reading
We had a vision this week. It was of two people, joined together as one flesh, standing before a federal judge. Actually, there were six people, three couples in all, to wit:
- Gerald and Patricia Green, convicted in September 2009 of conspiracy to violate the Foreign Corrupt Practices Act and nine counts of violating the FCPA.
A Mexican man indicted in September with his wife for alleged bribery and money laundering involving officials at the Mexican state-owned electric utility, Comisión Federal de Electridad (CFE), is still at large, while his wife is being held by American authorities.… Continue Reading
Even if FCPA defendants win acquittals on nine out of ten counts, but lose just one, the single conviction can support a forfeiture order. While their lawyer is celebrating victory, the defendants can be stripped of everything they own — cash, houses, cars, pension assets, art, jewelry, timeshares, boats, you name it.… Continue Reading
A Los Angeles grand jury yesterday indicted a Mexican husband and wife for their alleged roles in bribery and money laundering involving Mexican government officials at the state-owned electric utilitiy, Comisión Federal de Electridad, or CFE.… Continue Reading