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News/Compliance & Enforcement/Miami Businessman Sentenced to Almost 3 Years for Bribes to PetroEcuador Officials
FCPA·Compliance & Enforcement Brief

Miami Businessman Sentenced to Almost 3 Years for Bribes to PetroEcuador Officials

Armengol Alfonso Cevallos Díaz, an Ecuadorian living in Miami, has been sentenced to 35 months in prison for a $4.4 million bribery and money laundering scheme that funneled bribes to officials of Empresa Pública de Hidrocarburos del Ecuador (PetroEcuador).

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