Indictment Alleges International Scheme Involving Bribes
Touching NY Correspondent Bank Accounts
The U.S. Department of Justice announced last week that U.K. law enforcement
officials arrested, at its request, an Austrian national, Peter
Weinzierl, for his alleged participation in a wide-ranging money
laundering scheme involving Brazilian construction conglomerate
Odebrecht S.A. Odebrecht previously pleaded guilty in December 2016 to a
one-count criminal information charging violation of the Foreign
Corrupt Practices Act ( FCPA ) anti-bribery
provisions.
This arrest comes with the unsealing of a federal grand jury indictment in the Eastern
District of New York, charging Weinzierl and Alexander
Waldstein, who is still at large, for their alleged complementary
Indictment Alleges International Scheme Involving Bribes Touching NY Correspondent Bank Accounts
The U.S. Department of Justice
announced last week that U.K. law enforcement officials arrested, at its request, an Austrian national, Peter Weinzierl, for his alleged participation in a wide-ranging money laundering scheme involving Brazilian construction conglomerate Odebrecht S.A. Odebrecht previously
pleaded guilty in December 2016 to a one-count criminal information charging violation of the Foreign Corrupt Practices Act (“FCPA”) anti-bribery provisions.
This arrest comes with the unsealing of a
federal grand jury indictment in the Eastern District of New York, charging Weinzierl and Alexander Waldstein, who is still at large, for their alleged complementary roles in the scheme. Specifically, each man was charged with one count of conspiracy to commit money laundering and two counts of international promotional money laundering; Weinzierl was charged with an additional