Ex-CCI Customer Service VP Latest To Cop To FCPA Charges

Law360, New York (June 14, 2012, 11:06 PM EDT) -- Former Control Components Inc. executive David Edmonds on Thursday pled guilty to a role in a multimillion-dollar scheme to bribe foreign officials in exchange for contracts to supply and service control valves that the company sold to clients in the nuclear, oil and gas industries.

Edmonds, who served as vice-president of worldwide customer service at CCI from 2000 to 2007, faces up to 16 months in prison and a fine of up to $30,000 for having authorized a $45,000 payment in May 2000 to a representative...
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