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Telecom Exec Sentenced to Record Breaking FCPA Prison Term: 15 years

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This week, Joel Esquenazi, the former president of Terra Telecommunications Corp., received the longest sentence ever handed down in a Foreign Corrupt Practices Act prosecution: fifteen years in prison. His co-defendant, Carlos Rodriguez, the former Terra executive vice president, was sentenced to seven years in prison. The Judge also ordered the defendants to forfeit over $3 million.

Esquenazi and Rodriguez were convicted in August — after a two-and-a-half week trial and five hours of jury deliberations — of all counts for their roles in the scheme to pay bribes to Haitian government officials at Telecommunications D’Haiti S.A.M. (Haiti Teleco).

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Published In: Administrative Law Updates, Commercial Law & Contracts Updates, Criminal Law Updates, International Law & Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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