Former CEO of Telecommunications Company Pleads Guilty to Bribery Conspiracy

­The former CEO of Miami-based VoIP (Voice over Internet Protocol) service provider, Latin Node has pleaded guilty to conspiring to pay bribes to government officials in Honduras to secure interconnection rights for phone calls between the USA and Honduras.

According to court documents, in December 2005, LatiNode learned that it was the sole winner of an "interconnection agreement" with Hondutel, the wholly state-owned telecommunications authority in Honduras. The agreement permitted LatiNode to use Hondutel's telecommunications lines in order to establish a network between Honduras and the USA, and to provide long distance services between the two countries.