A former Minister of Trade and elected member of Parliament of Barbados was sentenced in the present day to 2 years in jail for his position in a scheme to launder bribe funds from a Barbadian insurance coverage firm by means of financial institution accounts in New York.
Donville Inniss, 55, a U.S. lawful everlasting resident who resided in Tampa, Florida, and Barbados, was convicted by a federal jury of two counts of cash laundering and one rely of conspiracy to commit cash laundering on Jan. 16, 2020. Based on the proof introduced at trial, in 2015 and 2016, Inniss took half in a scheme to launder into the USA roughly $36,000 in bribes that he had acquired from high-level executives of the Insurance coverage Company of Barbados Restricted (ICBL). In change for the bribes, Inniss leveraged his place because the Minister of Trade to allow ICBL to acquire two insurance coverage contracts from the Barbados authorities to insure over $100 million value of presidency property. To hide the bribes, Inniss organized to obtain them by means of a U.S. checking account within the identify of his good friend’s dental firm, which had an deal with in Elmont, New York.
“Donville Inniss engaged in a bribery and cash laundering scheme to line his personal pockets on the expense of the folks of Barbados,” mentioned Performing Assistant Legal professional Common Nicholas L. McQuaid of the Justice Division’s Prison Division. “Worldwide corruption undermines belief in governments, threatens our nationwide safety, and prevents the free market from functioning pretty for law-abiding folks and firms. As we speak’s sentence sends a powerful message that the Division is dedicated to prosecuting corrupt officers like Inniss who search to make use of the U.S. monetary system to cover their bribe funds.”
“In accepting bribes and laundering the funds by means of banks on Lengthy Island, Inniss not solely abused the general public belief that was positioned in him by the folks of Barbados, he additionally stained the U.S. banking system with the proceeds of his corrupt scheme,” mentioned Performing U.S. Legal professional Mark J. Lesko of the Jap District of New York. “The defendant’s sentence in the present day displays the seriousness of his crimes.”
Along with the jail sentence, the courtroom additionally ordered Inniss to pay $36,536.73 in forfeiture.
The FBI investigated the case.
Assistant Chief Gerald M. Moody Jr. of the Prison Division’s Fraud Part and Assistant U.S. Attorneys Sylvia Shweder and David Gopstein for the Jap District of New York prosecuted the case. Assistant U.S. Legal professional Claire Kedeshian is dealing with the forfeiture features of the case.
The Justice Division’s Workplace of Worldwide Affairs additionally offered help on this matter. The division appreciates the cooperation offered by its regulation enforcement colleagues in Barbados throughout this investigation.
The Fraud Part is accountable for investigating and prosecuting all International Corrupt Practices Act (FCPA) issues. Extra details about the Justice Division’s FCPA enforcement efforts may be discovered at www.justice.gov/criminal/fraud/fcpa.