Ex-Telecom CFO Cops To Honduran FCPA Conspiracy

Law360, New York (March 7, 2011, 6:00 PM EST) -- A former executive of a telecommunications company admitted to conspiring with other executives to pay more than $500,000 in bribes to Honduran officials in exchange for lowering rates on a long-distance services project, according to a plea agreement unsealed Monday in a Florida federal court.

Manuel Salvoch, former chief financial officer of Miami-based Latin Node Inc., pled guilty to one count of conspiracy to violate the Foreign Corrupt Practices Act, according to a plea agreement signed Jan. 12 in the U.S. District Court for the Southern...
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