This, they did by scheming to make illegal campaign contributions to U.S. presidential and congressional candidates.
The statement reads in part, ” Gilbert Chagoury, 75, who presently resides in Paris, France, paid $1.8 million to resolve allegations that he, with the assistance of others, provided approximately $180,000 to individuals in the United States that was used to make contributions to four different federal political candidates in U.S. elections.
It said Chagoury, a foreign national prohibited by federal law from contributing to any U.S. elections, admitted he intended these funds to be used to make contributions to these candidates.
He further admitted to making illegal conduit contributions – causing campaign contributions to be made in the name of another individual.
According to a deferred prosecution agreement with the government, Chagoury accepted responsibility for his role and conduct that resulted in violations of federal election contribution laws between June 2012 and March 2016 and agreed to cooperate with the government’s investigation.
Chagoury entered into the agreement on October 19, 2019, and he paid the fine in December 2019
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