Prison Sentence, Penalty for Intermediary Who Facilitated Corrupt Payments
The Department of Justice reports that a U.S. man has been sentenced to a year and one day in prison for conspiracy to commit money laundering to promote violations of the Foreign Corrupt Practices Act. The man was also ordered to forfeit $26,500.
According to a DOJ press release, the man acted as an intermediary in connection with corrupt payments to influence the awarding of contracts with the Russian state-owned nuclear energy corporation. This man and a co-conspirator agreed to conceal corrupt payments made from the U.S. to overseas bank accounts, including by using sham consulting agreements. The co-conspirator was previously sentenced to 48 months in prison for his role in the scheme.