
Javier Aguilar, a former trader for Vitol Oil Group, was convicted by a New York jury on charges of violating the Foreign Corrupt Practices Act (FCPA) and money laundering. The conviction came after a nearly two-month trial, where it was revealed that Aguilar had engaged in an elaborate scheme to bribe officials in Ecuador and Mexico, securing $500 million in business deals. The case marks a significant moment in the commodity trading industry, highlighting the legal consequences of corruption and bribery within the sector. Aguilar now faces up to 30 years in prison.
COMMODITY TRADING: In a landmark case for the commodity trading industry, ex-Vitol oil trader found guilty in corruption and bribery case. When sentenced, Javier Aguilar faces up to 30 years in jail | #OOTT @vitolnews https://t.co/iIF54IsOLH
Ex-Vitol Trader Found Guilty in Connection With Ecuador, Mexico Bribe Schemes https://t.co/S8hkqSxIQz
A former Vitol Group oil trader was found guilty by a New York jury of orchestrating an elaborate scheme to bribe Mexican and Ecuadorian officials. https://t.co/3mpRBV8OOo






