Ex-Vitol Trader Faces 40 Years in Jail After Bribery Plea (2)

Aug. 22, 2024, 5:16 PM UTC

Ex-Vitol Group oil trader Javier Aguilar faces as much as 40 years in prison and will forfeit more than $7.1 million in two US bribery cases after entering a guilty plea in federal court.

Aguilar, 50, had already been convicted in Brooklyn, New York, in February of orchestrating an elaborate scheme to bribe Mexican and Ecuadorian officials, but he pleaded guilty to a second set of charges Wednesday, consolidating the two cases, federal prosecutors said in a statement. The move allows US District Judge Eric Vitaliano to impose the sentence in both prosecutions.

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