Security News in Brief: Former Ecuadorian Government Official Sentenced to Prison for Role in Bribery and Money Laundering Scheme

Source: United States Department of Justice Criminal Division

An Ecuadorian and Italian national was sentenced today to 51 months in prison for his role in a scheme to launder bribes paid to him in exchange for helping three U.K. reinsurance companies obtain and retain reinsurance business from Ecuador’s public surety company.