DRT Secures Non Prison Sentence In Sprawling PdVSA FCPA & Money Laundering Case
On April 21, 2021 the U.S. District Court for the Southern District of Florida granted the joint motion filed by DRT and the U.S. Government in U.S. v. Edoardo Orsoni, Case No. 19-CR-20725-MGC for Edoardo Orsoni not to receive a prison sentence pursuant to Section 5K1.1 of the U.S. Sentencing Guidelines and Section 3553(e), Title 18, of the U.S. Code. Accordingly, DRT’s client will not be sent to prison, and will serve only probation.
Edoardo Orsoni held various positions in Petroleos de Venezuela S.A (“PDVSA”) and its subsidiaries between 2007 and 2018, including high-level positions at U.S. based CITGO and the position of legal manager for all of PDVSA’s operations in the oil-rich Orinoco belt of Venezuela. And, on August 25, 2020, our client entered into a plea agreement with the U.S. Government whereby he plead guilty to one count of conspiracy to commit an offense against the U.S. Thanks to DRT’s efforts, the U.S. Government dropped the criminal charges that it had previously brought against him for money laundering, in November, 2019.
Michael Diaz, Jr., DRT’s Global Managing Partner, comments that “the excellent result that we achieved in Edoardo’s case demonstrates the experience and capabilities that we have at DRT for effectively defending our clients in high-stakes and complex cases, including in U.S. Government investigations for allegations of corruption, money laundering, or other white-collar crimes.”
“The firm has an outstanding reputation for handling investigatory and criminal matters arising out of Latin America.”
“It is a relatively small firm that nevertheless has an impressive dispute resolution practice”.
Chambers Latin America
Legal 500 USA