A little bird just passed along the news that the former President of Terra Telecommunications, Joel Esquinazi, was sentenced to 15 YEARS in prison! The Executive Vice President , Carlos Rodriguez was sentenced to 7 years. Up to a minute ago, 7 years seemed like a long sentence for an FCPA violation.
We’ve said again and again that executives are in the crosshairs.
This should also shut up—at least for a couple minutes—critics who say that the DOJ is too soft on penalties.