Security News in Brief: Businessman Sentenced for Foreign Bribery and Money Laundering Scheme Involving PetroEcuador Officials

Source: United States Department of Justice News

An Ecuadorian businessman living in Miami was sentenced today to 35 months in prison for his role in a $4.4 million bribery and money laundering scheme that funneled bribes to then-public officials of Empresa Pública de Hidrocarburos del Ecuador (PetroEcuador), the state-owned and state-controlled oil company of Ecuador.