Dial 'P' For Prison: Terra Exec's Record-Setting Sentence

Law360, New York (November 9, 2011, 12:30 PM EST) -- On Oct. 25, 2011, a judge in the U.S. District Court for the Southern District of Florida sentenced Joel Esquenazi, the former president of Miami-based Terra Telecommunications Corp., to an unprecedented 15 years in prison. In August, Esquenazi and a former executive vice president of Terra, Carlos Rodriguez, were convicted by a jury of conspiracy to violate the U.S. Foreign Corrupt Practices Act, substantive FCPA violations and money laundering associated with paying bribes to officials of Telecommunications D’Haiti (Haiti Teleco).

In addition to prison sentences (Rodriguez...
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