The former chief executive officer of Direct Access Partners LLC and a former partner at the brokerage firm were charged in federal court in New York Monday for bribery involving Venezuela’s state bank.
Entries in Travel Act (30)
A former vice president from Venezuela's state economic development bank pleaded guilty Monday and agreed to cooperate with prosecutors investigating a massive bribery and fraud scheme by a U.S. broker.
The DOJ said Friday another broker from Direct Access Partners pleaded guilty to bribing foreign officials in Venezuela in exchange for bond trading work.
Two executives of an SEC-register broker-dealer pleaded guilty Thursday to bribing an official of a state-owned Venezuelan bank in exchange for bond trading business.
The DOJ Wednesday arrested the former head of the Miami office of brokerage firm Direct Access Partners for conspiracy to bribe an officer at a state-owned Venezuela bank in exchange for bond trading business.
Two brokers affiliated with a New York firm were charged in federal court with paying at least $5 million in bribes to an official at a state-owned Venezuelan bank to win bond trading work.
The former CEO of Control Components Inc. was sentenced to four months in prison yesterday and ordered to pay a $20,000 fine.
The former director of worldwide sales for Control Components Inc. was sentenced Thursday to 13 months home confinement and fined $20,000 for bribing Chinese officials.
David Edmonds is the seventh former CCI executive to plead guilty to FCPA charges.
Chris Matthews of the Wall Street Journal reported today that Paul Cosgrove will appear in federal court Tuesday and plead guilty to charges stemming from a global bribery scheme at Control Components Inc.