Former Ecuadorian Comptroller General’s Son Pleads Guilty to $16M Bribery Scheme Involving Odebrecht in U.S. Court

In a clear-cut case of international corruption, former banker John Christopher Polit has entered a guilty plea for engaging in a scheme that married bribery with money laundering, to the tune of $16 million, involving his own father, the former Comptroller General of Ecuador. According to court documents, from approximately 2010 to 2015, Carlos Polit extorted bribe payments from the Brazilian construction behemoth, Odebrecht S.A., in exchange for favorable treatment in his official capacity, as per the

Justice Department.

During their investigation, it was uncovered by Homeland Security Investigations that John Polit had intricately wove the bribe proceeds through a meshwork of Panamanian accounts and Florida-based companies, fiancée to make the corrupt earnings of his father seem legit. These funds then found their way into South Florida real estate and a variety of small businesses, including a dry cleaner and several restaurants. The

Justice Department announcement

detailed these maneuvers and the subsequent guilty plea to one count of conspiracy to commit money laundering.

While John Polit is set for sentencing on January 30, 2025, and could face as much as a decade behind bars, his father has already been handed a 10-year prison sentence following an April trial conviction. Odebrecht, on the other side, had previously admitted to participating in a vast bribery network across 12 countries, including Ecuador, when they pled guilty in December 2016 to breaching the Foreign Corrupt Practices Act (FCPA).

Pulling back the curtain on this complex case has involved multiple agencies, demonstrating a collaborative effort spanning international boundaries. With special agent Anthony Salisbury extolling the diligent efforts of the El Dorado Task Force leading the charge, the intricate web of deception was slowly untangled. The prosecution of the case involves Trial Attorney Jil Simon, Assistant Chief Alexander Kramer of the Fraud Section, and Senior Litigation Counsel Michael N. Berger of the Southern District of Florida.

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