Frederic Bourke Jr. leaned back and stared at the ceiling in disbelief Friday as a jury convicted him of a doomed bribery conspiracy to gain control of a state-run oil company in Azerbaijan.

The face of the 63-year-old entrepreneur turned red as he absorbed the news he now faces prison time for a fiasco that already had cost him more than $5 million of his own money — a 1998 plan by scam artist Viktor Kozeny to bribe the then-president of the central Asian nation of Azerbaijan to get the inside track on the privatization of a state-owned oil company, Socar.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]