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Financial advisor sentenced to 42 months for money laundering conspiracy in PetroEcuador case

( December 18, 2019, 22:32 GMT | Official Statement) -- MLex Summary: A Miami financial advisor received a 42-month prison sentence and a $40,000 fine for conspiring to launder money in a scheme to bribe officials of PetroEcuador, the national oil company of Ecuador. Separately, a federal judge sentenced Frank Roberto Chatburn Ripalda to three years of supervision after his release from prison. The US Justice Department also moved for forfeiture of $870,924.20.Docket entry follows; please see attached judgement sheet and motion for forfeiture....

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