U.S. Indicts Philadelphia Export Company and Employees for Alleged Bribes to Vietnamese Officials

On September 5, 2008, the Acting Assistant Attorney General Matthew Friedrich and Acting U.S. Attorney Laurie Magid for the Eastern District of Pennsylvania announced four individuals were arrested on charges that they and their company, Nexus Technologies Inc., paid bribes to various Vietnamese government officials in exchange for lucrative contracts to furnish equipment and technology to Vietnamese government, in violation of the Foreign Corrupt Practices Act (FCPA)...[more]