United States v. Alvaro Ledo Nass

The defendant, a former official of Venezuela’s state-owned and state-controlled oil company, Petróleos de Venezuela, S.A. (PDVSA), received bribes in connection with various foreign currency exchange schemes.  The defendant was convicted of conspiracy to commit money laundering with specified unlawful activities of violating the Foreign Corrupt Practices Act (FCPA) and certain offenses relating to bribery of a public official contrary to Venezuelan law.