‘One case where what happens in Vegas didn’t stay in Vegas’
January 19th, 2010
Via The Firearm Blog:
U.S. charges 22 with bribery in arms sting
An executive of Smith & Wesson (SWHC.O) and 21 others have been charged with violating U.S. bribery laws after an undercover sting in which federal agents posed as arms-buying representatives of an African defense minister.
The defendants, including a senior Smith & Wesson sales official Amaro Goncalves, were accused of violating the Foreign Corrupt Practices Act, or FCPA, and conspiracy to commit money laundering tied to the sale of guns, body armor and other law enforcement equipment.
The FCPA prohibits the payment of bribes to foreign officials in order to secure business contracts.
Twenty-one of the men were arrested in Las Vegas, where they were attending the SHOT Show, a large shooting-sports and hunting convention. The 22nd defendant was arrested in Miami.
I didn’t see or hear anything about this while at the show today.


