Last week, Sargeant Marine agreed to pay the DOJ $16.6 million to settle FCPA charges that it bribed officials in multiple South American countries. This month, a former manager from Petroleos de Venezuela (PDVSA) – who was once in charge of asphalt sales – was arrested in a related case, bringing to seven the total number of Sargeant Marine executives, traders, agents and former Venezuelan officials tied to the long-running bribery scheme. Nurses in Venezuela face higher risk of catching COVID-19 because of shortages of proper gear and even clean water. The plea agreement by Sargeant Marine Inc. is part of a broader, ongoing crackdown on corrupt dealings in South America's commodities markets. But the company is a shadow of its former self amid a selloff of assets that followed a bitter, multi-year legal fight between Sargeant and his older brother, Harry Sargeant III, for control of the asphalt trading company started by their father. Sargeant Marine, an asphalt company, plead guilty to one count of conspiracy to violate the anti-bribery provisions of … Earlier today, in federal court in Brooklyn, Sargeant Marine Inc., an asphalt company incorporated and formerly headquartered in Boca Raton, Florida, pleaded guilty and agreed to pay $16.6 million to resolve foreign bribery charges stemming from conduct by the company … “Vitol is committed to upholding the law and has in place anti bribery and corruption policies, procedures and controls across its business activities.”. A shocking 85 percent of Ecuadorans are now either unemployed or in precarious jobs. Sargeant Marine Inc., an asphalt company formerly based in Boca Raton, Florida, pleaded guilty today to conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA) and agreed to pay a criminal fine … According to … by Corporate Compliance Insights. The department recently unsealed charges against, and the guilty pleas of, five of the individuals who played a major role in the bribery scheme, including Daniel Sargeant, a senior executive of the company; Jose Tomas Meneses, a Sargeant Marine trader; Luiz Eduardo Andrade and David Diaz, consultants who acted as bribe intermediaries in Brazil and Venezuela, respectively; and Hector Nuñez Troyano, a former PDVSA official who received bribes in connection with the Venezuela contracts. Harry Cassin. The Fraud Section is responsible for investigating and prosecuting all FCPA matters.  Additional information about the Justice Department’s FCPA enforcement efforts can be found at www.justice.gov/criminal/fraud/fcpa. Sargeant Marine, an asphalt shipping company based in Boca Raton, Florida, pleaded guilty to bribery schemes in three South American countries and agreed to pay a criminal fine of $16.6 million to resolve the charges. Subscribe and start reading now. Attorneys Whitman Knapp, Mark E. Bini, and Andrey Spektor are prosecuting the case.Â, The Justice Department’s Office of International Affairs provided substantial assistance.  The Ministerio Publico Federal in Brazil provided significant cooperation.Â. The plea agreement by Sargeant Marine Inc. is part of a broader, ongoing crackdown on corrupt dealings in South America’s commodities markets. A major United States asphalt company agreed to pay $16.6m in fines while pleading guilty on Tuesday to federal charges that it paid millions in bribes to officials in Brazil, Ecuador and Venezuela for almost a decade to win lucrative contracts. Vitol, which is not named in the indictment, purchased half of Sargeant Marine in 2015. The year 2020 marks the 150th anniversary of the Department of Justice.  Learn more about the history of our agency at www.Justice.gov/Celebrating150Years. PLEA AGREEMENT Cr. At a special court-martial at Marine Corps Base Camp Pendleton, a military judge convicted Sergeant J. D. Marchio, pursuant to the accused’s pleas, of damaging non-military property and assault consummated by a battery on a spouse. An attorney representing Sargeant Marine declined to comment. From 2010 to 2013, Florida-based Sargeant Marine signed 12 contracts worth about $180 million with Petrobras, as the oil company is known, because of Vaccarezza’s influence, prosecutors said. US v Sargeant Marine: plea agreement (23 September 2020) More. In what appears to be a … Earlier this week, the DOJ announced that Sargeant Marine Inc. (SMI – an asphalt company based in Florida) “pleaded guilty and agreed to pay $16.6 million to resolve foreign bribery charges stemming from conduct by the company and its employees and agents in … The bribes it paid in Brazil alone helped the company and its …  “Today’s resolution, together with charges the department has brought against individuals involved in Sargeant Marine’s illegal schemes, demonstrates the department’s continuing commitment to holding companies and their executives responsible for international corruption.”Â, “Today’s resolution is the result of a multi-year, multi-national, collaborative effort to root out corruption perpetrated by an American company in three countries,” said Acting U.S. Attorney Seth DuCharme of the Eastern District of New York.  “We will continue to investigate and prosecute any company that corrupts foreign government officials in order to gain a competitive edge, as well as any of their executives and employees who participate in those efforts.”, “The FBI is dedicated to rooting corruption out of our market, keeping the United States fair for vendors and consumers alike,” said Assistant Director Calvin Shivers of the FBI’s Criminal Investigative Division. , according to the plea agreement across its business activities.” world for making asphalt go before. 15 years, the DOJ has been encouraging business organizations to voluntarily disclose FCPA violations go again before contract year!, a prominent Republican donor in Florida, was not named in the indictment Justice. Learn more about history! 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