U.S. Executive Sentenced To Prison For Role In Conspiracy To Violate Foreign Corrupt Practices Act

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The owner of a Hawaii-based engineering and consulting company was sentenced to 30 months in prison Monday for his involvement in an international bribery conspiracy.

53-year-old Frank James Lyon, a U.S. citizen residing in Hawaii was sentenced by U.S. District Judge Susan O. Mollway of the District of Hawaii. Lyon pleaded guilty on January 22nd to a one-count information filed in the District of Hawaii charging him with conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act and to commit federal program fraud.

According to admissions made as part of his plea agreement, between 2006 and 2016, Lyon and his co-conspirators paid bribes to foreign officials in the Federated States of Micronesia and to Hawaii state officials in exchange for those officials’ assisting Lyon’s company in obtaining and retiring contracts valued at more than $10 million. The bribes included cash to FSM officials and Hawaii officials, and vehicles, gifts and entertainment for FSM officials.

Read the original article here: kitv.com

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