8th Bolivian official sentenced for extorting US businessman


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

LA PAZ, Bolivia (AP) — A Bolivian judge has sentenced to three years in prison the most senior government official known to be involved in the extortion ring that preyed on U.S. businessman Jacob Ostreicher.

Fernando Rivera was sentenced Monday after pleading guilty to abuse of authority and racketeering. The former Interior Ministry legal affairs chief has been in jail since November 2012.

He is the eighth former official, including three ex-prosecutors, to get a reduced sentence after pleading guilty to roles in the ring that fleeced Ostreicher while he was jailed for 18 months in a money-laundering probe.

Ostreicher fled Bolivia in December 2013 after corrupt officials bled dry the $25 million rice-farming investment he was trying to salvage.

Prosecutors never presented evidence that the New York man was laundering money.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent World stories

Related topics

World
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast