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Criminal

May 31, 2012

Executive pleads guilty in FCPA case

The former head of worldwide sales for Control Components Inc. pleaded guilty on Tuesday to bribing a Chinese official in order to win business for his company.

By Gabe Friedman

Daily Journal Staff Writer

The former head of worldwide sales for Control Components Inc. pleaded guilty on Tuesday to bribing a Chinese official in order to win business for his company. Paul Cosgrove, 65, of Laguna Niguel, is the sixth of eight defendants to plead guilty to a felony related to what federal prosecutors alleged in a 2009 indictment was a wide-ranging conspiracy by CCI. Prosecutors say the company's executives bribed foreign officials in ...

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