visual tactics drawn on black board

Execs Owe Island Nation $32M In Bid Scheme, Fla. Jury Finds

In the Media
1 min read

Law360 has profiled White & Case's victory for the Republic of Trinidad and Tobago, after a Miami jury found three businessmen conspired to defraud the nation out of more than US$32 million in a bid-rigging scheme.

White & Case partners Jim Robinson and Raoul Cantero advanced evidence in a four-week trial in Miami's Eleventh Judicial Circuit Court. The case alleged that businessman Steve Ferguson conspired with Raul Gutierrez Jr. and Brian Kuei Tung to rig bids that led to the award of hyper-inflated airport construction contracts to build the Piarco International Airport starting in the late 1990s.

"We're grateful that after 19 years of litigation that the Republic of Trinidad and Tobago has had its day in court and that their position has been vindicated," said Cantero.

In its verdict, the jury found Ferguson liable for two counts of Florida racketeering violations, common law fraud and conspiracy to commit fraud.

Read the full article here.

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