Bribing Haiti Teleco Proves Expensive: 15-Years Expensive

25 Oct

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.

Ouch.

This should also shut up—at least for a couple minutes—critics who say that the DOJ is too soft on penalties.

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