Skip to content
Vintageharlemws

Vintageharlemws

You Can Control It

Primary Menu
  • Technology Media Online
  • Home Decorations
  • business markets
  • Dental health
  • General
  • News
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap
  • Home
  • Ecuador’s Former Comptroller General Indicted in Case Tied to Odebrecht
  • General

Ecuador’s Former Comptroller General Indicted in Case Tied to Odebrecht

By Lisa D. Small 3 years ago

Table of Contents

Toggle
  • Newsletter Sign-up
    • WSJ | Risk and Compliance Journal
  • More from Risk & Compliance Journal

[ad_1]

A former Ecuadorean comptroller general appeared in a Miami courtroom on Tuesday to face charges he laundered money in the U.S. to hide the proceeds of a bribery scheme partially tied to Brazil-based construction company Odebrecht SA.


Newsletter Sign-up

WSJ | Risk and Compliance Journal

Our Morning Risk Report features insights and news on governance, risk and compliance.


U.S. authorities have accused

Carlos Ramon Polit Faggioni

of soliciting and receiving more than $10 million in bribes from Odebrecht between approximately 2010 and 2016 in exchange for using his position to benefit the company and its Ecuador business.

The U.S. Justice Department also alleges an Ecuadorean businessman bribed Mr. Polit around 2015 to help him obtain contracts from Seguros Sucre SA, the state-owned Ecuadorean insurance company. Another member of the conspiracy helped hide the bribery proceeds by using Florida companies registered in the names of associates, often without their knowledge, according to the Justice Department.

The co-conspirators used the bribery gains to purchase and renovate real estate in South Florida, among other places, and to buy restaurants and other businesses, according to the Justice Department.

The department charged Mr. Polit with one count of conspiracy to commit money laundering, three counts of concealing money laundering and two counts of engaging in transactions in criminally derived property.

A lawyer representing Mr. Polit declined to comment.

Mr. Polit faces up to 20 years in prison for each count of money laundering and conspiracy to commit money laundering if convicted, and up to 10 years for each count of engaging in transactions in criminally derived property, the Justice Department said. A pretrial detention hearing is set for April 1 in Miami.

More from Risk & Compliance Journal

Odebrecht was the target of Brazil’s so-called Operation Car Wash, a sweeping probe that exposed widespread corruption among Latin America’s corporate and political leadership.

U.S. prosecutors said Odebrecht effectively maintained a “department of bribery” that paid more than $700 million to officials around the world. Odebrecht in 2016 entered into settlements with authorities in the U.S., Brazil and Switzerland, and last year changed its name to Novonor.

Write to David Smagalla at [email protected]

Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

[ad_2]

Source link

Tags: ""Succeeded His Business"", "Business Plan Loan Originayor, 2 Of Cups Business, 525 Business 5 Bankruptcies, Accounting Business Letter To Client, Bracken Business Communications Clinic, Business Account No Deposit, Business Administration Fafsa, Business Balance Sheet Explained, Business Card, Business Card Printing La Plata, Business Card To Secret Website, Business Cards Media Bar, Business Central Png, Business Coaching Site Cloudfront, Business Contract Lawyer 47201, Business Milleage Leager 18, Business Mobile Broadand Plans, Business Plan For Supplement Company, Disrupting Digital Business Harvard, Ffiec Business Continuity Templates, Gauge Ear Piercing Business, Good Openings For Business Letters, Holton Investment Business, Indiana Wesleyan University Business, Indianapolis Business Times, List Business In Search Engines, List My Business Yahoo, Lunch Susbcription Business Model, Morgan Hill Business Liocense Renewal, Nee Small Business Bill Signed, Negotiating Business Acquisitions Practical Law, Networking Trends Small Business, New Business In Shorewood Il, School Business Officer Being Unethical, Small Business Administration Mass, Small Business Comunity, Small Business Corporation South Africa, Small Business Depew Llc, Small Business Medical Offices Chicago, Small Business Office Lakewood Nj, Small Business Plans Verizon, Small Business Storage Array, Small Business Sucess Stories, South Florida Business Journal Twitter, Torrington Ct, United Business Tech Response Sla, United Domestic Business Food, Video Business Woman Bukkake, Ways To Improve Business Technologyreddit

Continue Reading

Previous Why Does Raising A Mini-Me Feel So Hard?
Next Direct Download Windows 11 ISO Files (64-bit Only)
May 2025
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031  
« Apr    

Archives

Recent Posts

  • How to Interpret Data and Statistics in News Reports
  • The Role of Technology in Modern Home Decorations
  • The Benefits of Networking in Business Markets
  • How to Maintain Dental Health with Special Conditions
  • Top Trends in Home Design for 2024

BL

Tags

"Women'S Business Casual Amazon Fba Business Atlanta Business Chronicle'S Att Business Login Boss Baby Back In Business Business Administration Degree Business Attire Women Business Card Design Business Cards Templates Business Casual Dress Business Casual Outfits Business Checking Account Business Credit Card Business For Sale Near Me Business Intelligence Platform Business Lawyer Near Me Business Loan Calculator Business Name Ideas Business Professional Women Business Spectrum Login California Business Entity Search Capital One Spark Business Carl Weber'S The Family Business Charlotte Business Journal Custom Business Cards Delaware Business Search Florida Business Search Fl Sos Business Search Harvard Business Publishing Insurance For Small Business Kelley School Of Business Maryland Business Express Maryland Business Search" Moo Business Cards National Business Furniture New York Business Search Ohio Business Gateway Onedrive For Business Online Business Ideas Paramore Misery Business Risky Business Cast Small Business Insurance Spectrum Business Customer Service Tom Cruise Risky Business Us Small Business Administration

SeedBL

Seedbacklink

BR

futsalnesia
riderealm
vintageharlemws.com | Magazine 7 by AF themes.

WhatsApp us