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Former Westport oil trader convicted of paying $1M in bribes to Brazilian officials

The bribes benefited two companies – Arcadia Fuels and Freepoint Commodities.

News 12 Staff

Sep 27, 2024, 10:55 AM

Updated 99 days ago

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Glenn Oztemel, a former Westport oil trader, has been convicted of bribing Brazilian officials to secure contracts for his employers.
Oztemel paid over $1 million in bribes from 2010 to 2018, prosecutors said.
The bribes benefited two companies – Arcadia Fuels and Freepoint Commodities.
The scheme secured lucrative contracts for these companies through influence with Brazilian officials.
Oztemel faces sentencing for his role in the international bribery scheme.