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Maryland Businessman Charged With Bribing Russian Official
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12 Jan 2018 11:14 PM EST

On Friday, U.S. prosecutors charged Maryland businessman Mark Lambert with bribing a Russian official in an effort to secure contracts to ship uranium to the United States. Authorities charged the 54 year old with money laundering, foreign bribery and wire fraud allegations in a federal court in Greenbelt, Maryland. Prosecutors allege that Lambert, former co-president of Transport Logistics International, bribed a Russian energy official through a series of shell companies in Cyprus, Latvia and Switzerland in exchange for contracts to ship nuclear fuel to U.S. utilities. The U.S. Foreign Corrupt Practices Act makes it a crime for businesses to bribe overseas officials to win business. The charges are the latest chapter in a sprawling federal investigation into corruption involved in Russia’s sale of uranium to the United States.

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