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.


Cookie Consent

We use cookies on our website. By continuing to use our website, you agree to the Privacy Policy and Terms of Use.