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U.S. v. Victor Hugo Valdez Pinon

 
:
Victor Hugo Valdez Pinon
:
DOJ Criminal
:
October 17, 2016
:
U.S. v. Victor Hugo Valdez Pinon
:
U.S. v. Valdez Pinon, No. 4:16-cr-00409 (S.D. Tex. 2016).
:
Aircraft
:
Mexico
:
2006; 2007; 2008; 2009; 2010; 2011; 2012; 2013; 2014; 2015; 2016.
:
Director of Aviation for the State Government of Tamaulipas (Ernesto Hernandez-Montemayor); Unnamed Mexican government officials.
:
Victor Hugo Valdez Pinon, a Mexican citizen, was an agent of a U.S.-based aviation company (“Aviation Company”) from approximately 2006 to September 2016.

According to the DOJ, Valdez conspired to make improper payments to government officials in Mexico to obtain or retain business for the Aviation Company. To further the scheme, the Aviation Company agreed to artificially increase the prices of the goods and services it provided. The Aviation Company, allegedly with the assistance of Valez, then paid the surplus to the Mexican government officials, sometimes utilizing false commissions and consulting fees to disguise the payments.

On December 27, 2016, after the DOJ’s information was unsealed, the DOJ announced that Valdez Pinon had pleaded guilty to conspiracy to violate the FCPA and conspiracy to commit wire fraud on October 26, 2016.
:
Conspiracy - Anti-Bribery
:
Conspiracy - Wire Fraud
:
Plea
:
Not stated.
:
0
:
Foreign
:
Mexico
:
Contract Procurement/Retention
:
Not stated.
:
Cash
:
Sales Agent/Consultant
:
Not stated.
:
Mexico
:
No
:
No