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US v. Juan Pablo Vasquez

 
:
Latin Node- Vasquez, Juan Pablo
:
DOJ Criminal
:
July 15, 2011
:
US v. Juan Pablo Vasquez
:
US v. Juan Pablo Vasquez, 10-CR-20894 (S.D. Fla. 2010)
:
Telecommunications-Other/Multi
:
Honduras
:
2006; 2007
:
Officials at Hondutel, the Honduran state-owned telecommunications company.
:
Juan Pablo Vasquez was a senior commercial executive and CEO of Latin Node Inc. ("LatiNode"), a company that provided international telecommunications services using Voice over Internet Protocol technology. During 2006 and 2007, Vasquez allegedly conspired to pay more than $500,000 in bribes on behalf of LatiNode to officials of Hondutel, the Honduran state-owned telecommunications company, in exchange for preferred telecommunication rates and continued operation in Honduras.

On December 14, 2010, the DOJ filed a nineteen-count indictment against Vasquez, alleging criminal conspiracy, money laundering, and numerous violations of the FCPA. Vasquez and other conspirators allegedly discussed paying bribes to three foreign officials, promised bribes to the officials, received payment instructions, and made or ordered others to make payments by check, cash, and wire transfers. Some bribes were allegedly routed through a Guatemalan subsidiary.

Vasquez pled guilty to conspiring to pay bribes to government officials in Honduras. He was sentenced on April 25, 2012, to three years probation and a $7,500 fine.

The three other LatiNode executives, Manuel Salvoch, Jorge Granados, and Manuel Caceres, pled guilty to conspiracy to violate the FCPA on Jan. 12, 2011, May 19, 2011, and May 18, 2011 respectively. On September 8, 2011, Granados was sentenced to 46 months in prison; on April 19, 2012, Caceres was sentenced to 23 months in prison; on June 5, 2012, Salvoch was sentenced to 10 months in prison and 3 years supervised release.

LatiNode was a privately held U.S. corporation until eLandia International, Inc. acquired it in 2007.
:
Anti-bribery (Domestic Concern), Conspiracy - Anti-Bribery
:
Fine, Plea, Probation
:
Not stated.
:
0
:
Agent of Domestic Concern, Director of Domestic Concern, Domestic Concern
:
Board Chairman, CEO
:
Foreign
:
Honduras
:
Contract Procurement/Retention
:
Not stated.
:
Cash, Wire/check
:
545,039
:
Guatemala, Honduras
:
Guatemala, Honduras, United States
:
Yes
:
No