They are so familiar to those of us who follow FCPA enforcement actions that we’re likely to stop noticing them. Petrobras in Brazil, Corpoelec and PDVSA in Venezuela, Pemex and CFE in Mexico, Takilant in Uzbekistan, Sonangol in Angola, Alba in Bahrain, Telecommunications D’Haiti, 1MDB in Malaysia, and Pertamina in Indonesia.… Continue Reading
An asphalt company based in Boca Raton, Florida pleaded guilty Tuesday to conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act for a scheme to bribe officials in three South American countries.… Continue Reading
Last week Dick Cassin reported on the FCPA Blog yet another guilty plea in the ever ongoing PDVSA corruption scandal. As Cassin noted, “Jose Manuel Gonzalez Testino (Gonzalez), 49, of Miami, Florida, pleaded guilty in federal court in Houston to one count of conspiracy to violate the Foreign Corrupt Practices Act, one count of violating the FCPA, and one count of failing to report foreign bank accounts.”… Continue Reading
An executive who controlled several U.S.-based companies pleaded guilty Wednesday to bribing officials at subsidiaries of Venezuela’s state energy company.
Jose Manuel Gonzalez Testino (Gonzalez), 49, of Miami, Florida, pleaded guilty in federal court in Houston to one count of conspiracy to violate the Foreign Corrupt Practices Act, one count of violating the FCPA, and one count of failing to report foreign bank accounts. … Continue Reading
A former Houston-based procurement officer for Venezuela’s state energy company who was supposed to be helping the DOJ investigate graft at the company pleaded guilty Monday to obstructing the government’s investigation.… Continue Reading
The former executive director of financial planning at Venezuela’s state-owned oil company pleaded guilty Wednesday for his role in a $1.2 billion embezzlement scheme.
Abraham Edgardo Ortega, 51, a Venezuelan national, pleaded guilty in federal court in Miami to one count of a money laundering conspiracy.… Continue Reading
A former procurement officer at Venezuela’s state-owned energy company pleaded guilty Tuesday for his role in an international kickback scheme.
Ivan Alexis Guedez, 47, of Katy, Texas, pleaded guilty in federal court in Houston to one count of conspiracy to launder money.… Continue Reading
A Texas-based businessman who paid bribes to win work in Venezuela, and the corrupt official who took the bribes, pleaded guilty in federal court in Houston.
Juan Carlos Castillo Rincon (Castillo), 55, of Conroe, Texas, was the former manager of a Houston-based logistics and freight forwarding company.… Continue Reading
A former Julius Baer Group wealth manager pleaded guilty Wednesday for his role in a billion-dollar scheme to launder money embezzled from the Venezuela state oil company.