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U.S. v. Herbert Tannenbaum

 
:
Tanner Management Corporation - Tannenbaum, Herbert
:
DOJ Criminal
:
March 24, 1998
:
U.S. v. Herbert Tannenbaum
:
U.S. v. Tannenbaum, 1:98-cr-00784 (S.D.N.Y. 1998).
:
THe FBI used an informant and undercover agent to gather information on Tannenbaum's FCPA violations.
:
Utilities-Other/Multi
:
Argentina
:
1996; 1997; 1998
:
Procurement officer of the Government of Argentina
:
Tannenbaum, as President of Tanner Management Corporation, attempted to procure sales to the Argentine government for his company's garbage incinerators. Tannenbaum offered to make secret payments to an undercover agent posing as a procurement officer for Argentina in order to induce the agent to purchase the incinerators. To mask the illegal payments, Tannenbaum incorporated a fictitious entity named Cybernet USA and opened a bank account in the same name.
:
Plea
:
Not stated.
:
12
:
With a criminal history category of I and a final offense level of 13 based on the value of the bribes ($120,00 - $200,000), the sentencing range was 12-18 months and Tannenbaum was sentenced to 12 months.
Note: Although the Guidelines tie the offense level to the greater amount of the bribes or the benefit to be obtained, the government stpulated to an offense level based upon the amount of the bribes offered and the pleadings contain no indication of the anticipated profit from the incinerator sales at issue.
:
Officer of Domestic Concern
:
President
:
U.S.
:
Contract Procurement/Retention
:
3,000,000
:
Cash, Wire/check
:
Direct, Shell entity
:
16,000
:
United States
:
United States
:
No
:
No