Skip to comments.Former Pres of MD-Based Transport Co Indicted on 11 Counts...Foreign Bribery, Fraud & $$$ Laundering
Posted on 01/12/2018 6:35:04 PM PST by smileyface
An indictment against a former co-president of a Maryland-based transportation company that provides services for the transportation of nuclear materials to customers in the United States and abroad, was unsealed today for his alleged role in a scheme that involved the bribery of an official at a subsidiary of Russias State Atomic Energy Corporation.
Acting Assistant Attorney General John P. Cronan of the Justice Departments Criminal Division, Acting U.S. Attorney Stephen M. Schenning of the District of Maryland, Principal Deputy Inspector General April G. Stephenson of the U.S. Department of Energys Office of Inspector General (DOE-OIG) and Assistant Director in Charge Andew W. Vale of the FBIs Washington, D.C. Field Office made the announcement.
Mark Lambert, 54, of Mount Airy, Maryland, was charged in an 11-count indictment with one count of conspiracy to violate the Foreign Corrupt Practices Act (FCPA) and to commit wire fraud, seven counts of violating the FCPA, two counts of wire fraud and one count of international promotion money laundering. The charges stem from an alleged scheme to bribe Vadim Mikerin, a Russian official at JSC Techsnabexport (TENEX), a subsidiary of Russias State Atomic Energy Corporation and the sole supplier and exporter of Russian Federation uranium and uranium enrichment services to nuclear power companies worldwide, in order to secure contracts with TENEX.
The case against Lambert is assigned to U.S. District Court Judge Theodore D. Chuang of the District of Maryland.
According to the indictment, beginning at least as early as 2009 and continuing until October 2014, Lambert conspired with others at Transportation Corporation A to make corrupt and fraudulent bribery and kickback payments to offshore bank accounts associated with shell companies, at the direction of, and for the benefit of, a Russian official, Vadim Mikerin, in order to secure improper business advantages and obtain and retain business with TENEX. In order to effectuate and conceal the corrupt and fraudulent bribe payments, Lambert and others allegedly caused fake invoices to be prepared, purportedly from TENEX to Transportation Corporation A, that described services that were never provided, and then Lambert and others caused Transportation Corporation A to wire the corrupt payments for those purported services to shell companies in Latvia, Cyprus and Switzerland. Lambert and others also allegedly used code words like lucky figures, LF, lucky numbers, and cake to describe the payments in emails to the Russian official at his personal email account. The indictment also alleges that Lambert and others caused Transportation Corporation A to overbill TENEX by building the cost of the corrupt payments into their invoices, and TENEX thus overpaid for Transportation Corporation As services.
In June 2015, Lamberts former co-president, Daren Condrey, pleaded guilty to conspiracy to violate the FCPA and commit wire fraud, and Vadim Mikerin pleaded guilty to conspiracy to commit money laundering involving violations of the FCPA. Mikerin is currently serving a sentence of 48 months in prison and Condrey is awaiting sentencing. The indictment includes allegations against Lambert based on his role in effectuating the criminal scheme with Condrey, Mikerin, and others.
The charges in the indictment are merely allegations, and the defendant is presumed innocent unless proven guilty beyond a reasonable doubt in a court of law.
The case is being investigated by DOE-OIG and the FBI. Assistant Chiefs Ephraim Wernick and Christopher J. Cestaro and Trial Attorney Derek J. Ettinger of the Criminal Divisions Fraud Section, as well as Assistant U.S. Attorneys David I. Salem and Michael T. Packard of the District of Maryland, are prosecuting the case.
The Criminal Divisions Office of International Affairs has provided significant assistance in this matter. The Department also thanks its law enforcement colleagues in Switzerland, Latvia and Cyprus for providing valuable assistance with the investigation and prosecution of the case.
The Criminal Divisions Fraud Section is responsible for investigating and prosecuting all FCPA matters. Additional information about the Justice Departments FCPA enforcement efforts can be found at www.justice.gov/criminal/fraud/fcpa.
Let me guess his political party.
posted here too... http://www.freerepublic.com/focus/f-chat/3622001/posts
nuts, I really searched for it! Moderator please delete this thread.
A Google search reveals him to be the founder of Dragon Distillery in Frederick City, MD, which is very close to Mt. Airy. Dragon Distillery markets itself as being veteran owned. It could be that this scumbag is actually a Republican.
No worries. Happens all the time.
Just wanted readers to know there were other comments.
This fellow is now in position to be squeezed for information. Hope the feds protect him from accidents or suicide.