United States v. Daren Condrey (D. Md. 2015)
United States v. Vadim Mikerin (D. Md. 2014)

• Case Name
• United States v. Daren Condrey (D. Md. 2015)
  United States v. Vadim Mikerin (D. Md. 2014)

• Date Filed
• 11/12/2014

• Enforcement Agency
• DOJ

• Foreign Official
• Director and President of uranium supplier and uranium enrichment services provider owned by the Russian Federation.

• Date of Conduct
• 2004 to 2014

• Nature of Business
• Daren Condrey, a citizen of the United States and resident of Maryland, was an owner, executive, and later co-president of an unnamed transportation company (“Transportation Company”) headquartered in Maryland.  Vadim Mikerin, a Russian citizen and resident of Maryland, was a director of the Pan American Department of JSC Techsnabexport (“Tenex”), an entity indirectly owned and controlled by the Russian Government, and later President of a wholly-owned U.S. subsidiary of Tenex known as Tenam Corporation.  Both Tenex and Tenam are uranium suppliers and uranium enrichment service providers for nuclear power companies worldwide and in the United States, respectively. 

• Influence to be Obtained
• According to the Government, Vadim Mikerin conspired with a series of other individuals, including Daren Condrey, to secure bribe payments for his and others’ benefit in exchange for awarding business to a series of service providers connected to Tenex and Tenam.  The DOJ alleges that Tenex and Tenam were government instrumentalities as defined by the FCPA and that therefore, Mikerin constituted a “foreign official.” 
  
  The DOJ alleges that Condrey sought to bribe Mikerin to secure contracts with Tenex on behalf of Transportation Company.  To make the bribe payments, the DOJ claims that Condrey inflated the prices Transportation Company charged Tenex for services rendered.  Once in possession of the funds generated by the inflated sales prices, Condrey allegedly wired thousands of dollars to Mikerin from a bank account in Maryland owned by Transportation Company to a bank account located in Zurich, Switzerland.  The DOJ also alleges that Condrey caused Transportation Company to serve as an intermediary for another unnamed “Ohio Corporation” to funnel bribe payments to Mikerin.

• Enforcement
• On June 1, 2015, the Government and Condrey entered into a plea agreement where Condrey agreed to plead guilty for conspiracy to violate the FCPA and to commit wire fraud for conduct associated with Mikerin.  Condrey’s sentencing was scheduled for June 2017, but no publicly available documents on the docket indicate that Condrey has been sentenced. 
  
  On August 14, 2015, the DOJ announced that it had entered into a plea agreement with Mikerin, where Mikerin agreed to plead guilty to one count of conspiracy to commit money laundering with the intention of furthering FCPA violations.  Mikerin also agreed to forfeit $2,126,622.36 in ill-gotten gains.  On December 15, 2015, Mikerin was sentenced to 48 months in prison.
  
  Related Case.  United States v. Rubizhevsky, No. 8:15-cr-00332 (D. Md. 2015).
  
  On August 31, 2015, the DOJ announced that it would separately charge Boris Rubizhevsky of Closter, New Jersey with conspiracy to commit money laundering.  According to the DOJ, Rubizhevsky conspired alongside Mikerin and Condrey to facilitate improper payments to Mikerin in violation of the FCPA.  On June 15, 2015, Rubizhevsky pleaded guilty to the charge and is scheduled to be sentenced on June 1, 2017.

• Amount of the Value
• $2,126,622.36.

• Amount of Business Related to Payment
• Not Stated

• Intermediary
• None

• Citizenship of Parent Entity
• United States

• Total Sanction
• $ 2,139,122

• Compliance Monitor
• No

• Reporting Requirements
• No

• Case is Pending?
• No

• Total Combined Monetary Sanction
• $ 2,139,122

Daren Condrey 

• Citation
• United States v. Condrey, No. 8:15-cr-00336 (D. Md. 2015).

• Date Filed
• 05/16/2015

• Filed Under Seal
• Yes

• FCPA Statutory Provision
• • Conspiracy
  • Conspiracy: Anti-Bribery

• Other Statutory Provision
• Conspiracy (Wire Fraud).

• Disposition
• Plea Agreement

• Defendant Jurisdictional Basis
• Domestic Concern

• Defendant's Citizenship
• United States

• Individual Sanction
• 24 months Imprisonment; fine of $12,500.

Vadim Mikerin 

• Citation
• United States v. Mikerin, No. 8:14-cr-00529 (D. Md. 2014).

• Date Filed
• 11/12/2014

• Filed Under Seal
• No

• FCPA Statutory Provision

• Other Statutory Provision
• Conspiracy (Money Laundering).

• Disposition
• Plea Agreement

• Defendant Jurisdictional Basis
• Unknown

• Defendant's Citizenship
• Russia

• Individual Sanction
• 48-Months Imprisonment; Forfeiture of $2,126,622.32.