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Oil and Gas Trader Convicted for Role in Foreign Bribery and Money Laundering Scheme

02/23/2024 07:00 AM EST

A federal jury in Brooklyn convicted an oil and gas trader today for his role in a scheme to bribe Ecuadorean and Mexican government officials and to launder money to secure contracts worth hundreds of millions of dollars for his then-employer, Vitol Inc. (Vitol), the U.S. affiliate of the largest independent energy trading firm in the world.

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