A federal judge on Monday sentenced a Virginia businessman to a little more than seven years in prison for bribing former Panamanian officials, marking the longest-ever sentence imposed in a Foreign Corrupt Practices Act prosecution, the Justice Department said.

Charles Jumet, 53, pleaded guilty in November in the U.S. District Court for the Eastern District of Virginia, in Richmond, to conspiring to violate the FCPA and to making a false statement to federal agents. Prosecutors said $212,400 in bribes made by Jumet and others between 1997 and 2003 were meant to secure maritime contracts — including the maintenance of lighthouses and buoys along Panama’s waterways.

This content has been archived.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 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]