Monthly Archives: March 2014

Is This The First Domino to Fall in FCPA Case? French Citizen Pleads Guilty to Obstruction in Foreign Bribery Case

A French citizen appeared in a Manhattan federal court on March 10, pleading guilty to obstructing a government investigation into bribes paid to secure mining rights in Guinea. Mr. Frédéric Cilins, a 51-year-old businessman, had been arrested during an FBI … Continue reading

Posted in FCPA, Plea Agreement | Tagged | 1 Comment

Here’s One Way to Afford the D.C. Real Estate Market: Seven Year Sentence for Defendant in Bribery Scheme Involving Public Official

By Sara Kropf For years now, the calling card of a big-firm white-collar lawyer has been, “I do FCPA work.” But all the focus on foreign bribery work overlooks the domestic bribery schemes that are regularly pursued by the federal … Continue reading

Posted in Bank fraud, Bribery, Conspiracy, Plea Agreement, Public Corruption, Sentencing | Leave a comment

Expected 151 Months; Got 276 Months. Is Cooperation Worth It?

Frank Castaldi’s story serves as a cautionary tale for anyone trying to cooperate with the government to get a better deal. In 2008, Mr. Castaldi turned himself in to government investigators, revealing his $77 million Ponzi scheme. Mr. Castaldi fully … Continue reading

Posted in Appeal, Investor fraud, Plea Agreement, Sentencing | Tagged | Leave a comment