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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Bill Steinman
Contributing Editor

Businessman admits FCPA offenses in Citgo bribe case

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. 

Sentencing is set for August 28.… Continue Reading

Swiss banker admits role in Venezuela money laundering ring

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.

Matthias Krull, 44, a German national and Panama resident, pleaded guilty to one count of conspiracy to commit money laundering, the DOJ said.… Continue Reading

Feds make another FCPA arrest in PDVSA bribery case

A dual U.S.-Venezuelan citizen was arrested at Miami International Airport Tuesday and charged with bribing an official at Venezuela’s state-owned energy company.

The DOJ charged businessman Jose Manuel Gonzalez Testino (Gonzalez) with conspiring to violate the Foreign Corrupt Practices Act and with substantive FCPA offenses.… Continue Reading

FCPA guilty plea in PDVSA bribery case

A dual U.S.-Venezuelan citizen pleaded guilty Monday to bribing officials at Venezuela’s state-owned oil company and laundering bribe money others paid to the officials.

Luis Carlos De Leon-Perez, 42, pleaded guilty in federal court in Houston to one count of conspiracy to violate the Foreign Corrupt Practices Act and one count of conspiracy to commit money laundering.… Continue Reading