United States v. Merlo et al

The defendant, along with co-conspirators, allegedly conspired to pay bribes to officials at Ecuador’s state-owned insurance companies to obtain and retain business for themselves, an intermediary company, and reinsurance clients.  The intermediary company also allegedly received a portion of the brokerage commission obtained and used those funds, in part, to make bribe payments.  Merlo pleaded guilty to four money laundering counts of the indictment.