Man Cops To Bribing Panamanians Over Buoy Contracts

Law360, New York (November 18, 2009, 3:32 PM EST) -- A Virginia man has pled guilty to conspiring to bribe Panamanian government officials to secure a no-bid contract to maintain buoys and lighthouses along the Central American nation's waterways.

Charles Paul Edward Jumet, 53, faces maximum penalties of 10 years imprisonment and fines of at least $500,000, for violation of the Foreign Corrupt Practices Act and making false statements, according to a plea deal Judge Dennis Dohnal of the U.S. District Court for the Eastern District of Virgina approved Friday.

As part of his plea, Jumet...
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