USA v. Oztemel et al

  1. June 26, 2024

    Conn. Trader's Brother Cops Plea In $30M Brazilian Oil Plot

    A Connecticut man has pled guilty to helping to bribe officials at Brazil's state-owned oil company, Petróleo Brasileiro SA, also known as Petrobras, allegedly to help his commodities trader brother earn more than $30 million in ill-gotten profits from deals with the oil giant, according to federal court documents.

  2. December 14, 2023

    Commodities Firm Pays $106M To Settle Brazil Bribery Claims

    Freepoint Commodities LLC will pay more than $106 million to end allegations from the U.S. Department of Justice and the Commodity Futures Trading Commission that it bribed Brazilian government officials linked to the state-owned oil giant Petrobras, authorities announced Thursday.