Dooney & Bourke Founder Gets 1 Yr. For Oil Conspiracy

Law360, New York (November 10, 2009, 5:05 PM EST) -- A judge has sentenced the co-founder of bag maker Dooney & Bourke to a year and a day behind bars after a jury convicted him of conspiring to violate the Foreign Corrupt Practices Act and making false statements over a plan to profit from the privatization of Azerbaijan's state oil company.

At a court hearing Tuesday, Judge Shira A. Scheindlin of the U.S. District Court for the Southern District of New York also ordered Frederic Bourke Jr. to pay a fine of $1 million. Bourke will...
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