Former Vitol Oil Trader Allegedly Orchestrated Bribery Scheme in Houston, Unveils Prosecutors
HOUSTON (AP) — A former oil trader at Vitol has been accused of running a bribery scheme from Houston, according to prosecutors. The trader, who was identified as Anthony Stimler, allegedly paid bribes to officials in Brazil, Ecuador, and Mexico to secure oil trading deals. Court documents reveal that Stimler used intermediaries to funnel over $8 million in bribes to government officials. The bribes were disguised as payments for consulting services or charitable donations. The scheme reportedly lasted from 2015 to 2020. Prosecutors claim that Stimler’s actions violated the Foreign Corrupt Practices Act, which prohibits … Read more