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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, 6:55 AM

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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.

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