The government's cooperating witness in the failed Africa sting prosecution was sentenced today to 18 months in federal prison followed by 36 months probation, according to a courthouse source.
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The DOJ asked in a court filing Monday that Richard Bistrong be sentenced to 'a combination of probation, home confinement, and/or community service' of up to six months.
Tom Fox with a great summary of the biggest FCPA stories from the first half of 2012.
When Roger Clemens and FCPA defendants walk, should we only see failure by the DOJ?
The Justice Department today filed a motion to dismiss the indictments against the three Africa sting defendants who pleaded guilty.
For defendants, federal criminal prosecutions leave behind a scorched earth of ruined reputations, shattered health, broken families, and drained bank accounts.
A New York Times story about the collapse of Africa sting prosecution quoted me as saying "that in settlements without a trial, 'the power of Justice is unchecked.' Even more, . . . this lack of oversight 'gives rise to evidence of corruption in our anticorruption laws, and that is the height of irony.'"
The DOJ's once invincible FCPA unit isn't just losing some high profile prosecutions. It's getting clobbered. And a common theme in the setbacks is a lack of professionalism and preparation.
Paul Calli, left, of Carlton Fields represented Stephen Giordanella. Judge Richard Leon acquitted him last month. After the DOJ today dropped the remaining indictments, Calli said:
The government today asked Judge Richard Leon to dismiss with prejudice all remaining indictments in the biggest FCPA case in history against individuals. It said continuing the prosecution would be a waste of government resources.