We are currently restructuring our databases, so be advised that the FCPAC database is updated only through July 30, 2025.

Processing your request


please wait...

 | Enforcement Action Dataset

Stanford Foreign Corrupt Practices Act Clearinghouse a Collaboration with Sullivan & Cromwell LLP

Enforcement Action Dataset

 
United States of America v. Carlos Ramon Polit Faggioni · Odebrecht and Braskem's Involvement in Multiple Countries from 2001 to 2016

Case Information

United States of America v. Carlos Ramon Polit Faggioni

Related FCPA Matter:   Odebrecht and Braskem's Involvement in Multiple Countries from 2001 to 2016 Information

Case Information

Initiation Date:    03/24/2022  Information

Prosecuting Agency:    U.S. Department of Justice

Type of Action:    DOJ Criminal Proceeding

Docket or Case Number:    22-cr-20114

Court:    S.D. Florida

Name of Prosecuting Attorneys:   

  • Juan Antonio Gonzalez, United States Attorney
  • Michael N. Berger, Assistant United States Attorney
  • Joseph Beemsterboer, Acting Chief, Fraud Section, Criminal Division
  • Jil Simon, Trial Attorney, Fraud Section, Criminal Division
  • Alexander Kramer, Trial Attorney, Criminal Division

US Assisting Agencies:   

  • U.S. Department of Homeland Security

Foreign Enforcement Action/Investigation:    Unknown

Foreign Assistance:   

  • Brazilian Law Enforcement Agency (BR)
  • Panamanian Law Enforcement Agency (PA)
  • Ecuadoran Law Enforcement Agency (EC)
  • Curacaoan Law Enforcement Agency (AN)

Origin of the Proceeding:    Unknown

Whistleblower:    Unknown

Case Status:    Ongoing


Summary  Information

Carlos Ramon Polit Faggioni (Polit) served as the Comptroller General of Ecuador from 2007 to 2017.

Odebrecht S.A. was a Brazilian conglomerate that conducted business in a variety of industries.

Seguros Sucre S.A. was the state-owned insurance company of Ecuador.

According to the documents in this case, between approximately 2010 and 2016, Polit allegedly solicited and received over $10 million in bribe payments from Odebrecht in exchange for using his official position to prevent the imposition of large fines on Odebrecht by the comptroller's office relating to Odebrecht's construction projects in Ecuador. Polit is also alleged to have received a bribe from an Ecuadorian businessman in 2015 in exchange for assisting the businessman and his company in obtaining contracts from Seguros Sucre.

On March 24, 2022, the DOJ filed a six count indictment in the Southern District of Florida against Polit alleging a conspiracy to commit money laundering as well as direct money laundering violations.

On december 9, 2022, Polit moved to dismiss five of the six counts against him, arguing that they were time--barred uder the statute of limitations.

After a 12 day trial, the jury convicted Polit on all counts April 23, 2024.

On October 1, 2024, the court sentenced Polit to 10 years in prison to be followed by 3 years of supervised release and ordered him to pay a mandatory assessment of $600. On the same date, the court granted the prosecution's motion for preliminary forfeiture in the amount of $16,510,000.

On October 18, 2024, Polit notified the court that he was filing an appeal.

Protected Content


Please Log In or Sign Up for a free account to access restricted features of the Clearinghouse website, including the Advanced Search form and the full case pages.

When you sign up, you will have the option to save your search queries performed on the Advanced Search form.