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U.S. v. Jorge Granados and Manuel Caceres

 
:
Latin Node - Caceres, Manuel
:
DOJ Criminal
:
December 14, 2010
:
U.S. v. Jorge Granados and Manuel Caceres
:
No. 1:10-CR-20881 (S.D. Fla. 2010)
:
Telecommunications-Other/Multi
:
Honduras
:
2006; 2007
:
Officials at Hondutel, the Honduran state-owned telecommunications company.
:
Manuel Caceres was Vice President Business Development of Latin Node Inc. ("LatiNode"), a company that provided international telecommunications services using Voice over Internet Protocol technology. During 2006 and 2007, Caceres 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 for LatiNode.

On December 14, 2010, the DOJ filed a nineteen-count indictment against Caceres, alleging criminal conspiracy, money laundering, and numerous violations of the FCPA. Caceres and other conspirators allegedly discussed making 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.

Caceres was arrested on December 20, 2010 in Miami and made an initial appearance in U.S. District Court for the Southern District of Florida. The conspiracy and FCPA counts carry potential sentences of up to five years in prison, while the money laundering charges carry potential penalties of up to 20 years. The government is also seeking forfeiture of any proceeds of the bribery. A trial date was originally set for September 26, 2011.

However, on May 18, 2011, Caceres pleaded guilty to conspiracy to violate the FCPA. Caceres was sentenced on April 19, 2012, to 23 months in prison.

The three other LatiNode executives, Manuel Salvoch, Juan Pablo Vasquez, and Jorge Granados, pleaded guilty to conspiracy to violate the FCPA on Jan. 12, 2011, and Jan. 21, 2011, and May 19, 2011 respectively.

On September 8, 2011, Granados was sentenced to 46 months in prison. On April 25, 2012, Vasquez was sentenced to three years probation and a $7,500 fine. 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
:
Conspiracy - Money Laundering, Money Laundering
:
Imprisonment, Plea
:
Not stated.
:
23
:
Agent of Domestic Concern, Domestic Concern
:
Other Senior Officer
:
U.S.
:
Contract Procurement/Retention
:
Not stated.
:
545,039
:
Guatemala, Honduras
:
Guatemala, Honduras, United States
:
Yes
:
No