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Financial Services Law Insights and Observations

Hawaii man sentenced to 30 months for bribery conspiracy

Financial Crimes Bribery FCPA Of Interest to Non-US Persons

Financial Crimes

On May 13, a Hawaiian businessman was sentenced to 30 months imprisonment to be followed by three years of supervised release after pleading guilty in January to a charge of conspiracy to bribe a Micronesian official in violation of the FCPA. The DOJ alleged that the businessman’s consulting company paid $440,000 in bribes to officials to obtain and keep contracts with the Micronesian government worth more than $10 million. One of the officials also pleaded guilty in April. See more previous coverage here.