Two former executives of a defunct New York broker-dealer were indicted Monday as part of a widening U.S. investigation into foreign bribery involving their employer and Venezuelan state economic development banks. Benito Chinea, the former chief executive of Direct Access Partners LLC, and Joseph Demeneses, a onetime managing director at the firm, were the latest individuals charged in connection with foreign bribes paid to secure trading business. Federal prosecutors in New York accuse Chinea, 47, and Demeneses, 44, of participating in a bribery scheme from 2008 through 2012 involving payments to a senior official at Caracas-based Banco de Desarrollo Económico y Social de Venezuela, known as Bandes. Prosecutors have previously said the kickback scheme generated more than $60 million in fees for Direct Access through the bond trading business the Bandes official directed to the firm. The official, Maria de los Angeles Gonzalez de Hernandez, in exchange earned $5 million in
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