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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