Lawrence Hoskins, Money Laundering, Connecticut 2020

A former senior executive with Alstom S.A., a French power and transportation company, has been sentenced to prison for his role in a multi-year, multi-million dollar money laundering scheme.

Lawrence Hoskins, 69, was sentenced on April 8, 2020, in federal court in New Haven, Connecticut, to 15 months in prison for his role in a conspiracy to promote the payment of bribes to officials in Indonesia in exchange for assistance in securing a $118 million contract, known as the Tarahan project.

Hoskins, who was a senior vice president for Alstom's International Network, engaged in a conspiracy to promote the payment of bribes to officials in Indonesia in exchange for assistance in securing the contract, which was awarded to Alstom Power Inc. of Connecticut and its consortium partner, Marubeni Corporation, to provide power-related services for the citizens of Indonesia.

According to the evidence presented at trial, Hoskins and his co-conspirators retained two consultants purportedly to provide legitimate consulting services on behalf of Alstom Power Inc., in connection with the Tarahan project. The primary purpose of hiring the consultants was to conceal the bribes to Indonesian officials, the evidence showed.

The first consultant retained by Hoskins and other members of the conspiracy received hundreds of thousands of dollars in his Maryland bank account to be used to bribe a member of Parliament, the evidence showed. The consultant then transferred the bribe money to a bank account in Indonesia for the benefit of the official.

As a result of his conviction, Hoskins was also fined $30,000. The case was investigated by the FBI's Los Angeles Field Office, with assistance from the FBI's Meriden, Connecticut, Resident Agency, and the significant cooperation of law enforcement colleagues in Indonesia, Switzerland's Office of the Attorney General, and the United Kingdom, as well as authorities in France, Germany, Italy, Singapore, and Taiwan.

The case was prosecuted by Senior Deputy Chief Daniel S. Kahn and Assistant Chief Lorinda Laryea of the Criminal Division's Fraud Section, and Assistant U.S. Attorney David E. Novick of the District of Connecticut.

Source: https://www.justice.gov/archives/opa/pr/former-senior-alstom-executive-sentenced-prison-role-money-laundering-scheme-promote-foreign