Latin Node Faces Bribery Charges Over Telecom Deal

Law360, New York (December 21, 2010, 6:15 PM EST) -- Two former executives of Miami-based telecommunications company Latin Node Inc. face Foreign Corrupt Practices Act and other charges for allegedly paying more than $500,000 in bribes to Honduran officials over an interconnection agreement for long-distance services.

Jorge Granados, the company's founder and former CEO, and Manuel Caceres, its former vice president of business development, are charged in a 19-count indictment with breaching the anti-bribery provisions of the FCPA and international money laundering, federal authorities said Monday.

The indictment — returned by a federal grand jury on...
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