Former Florida Banker Pleads Guilty in $16M Bribery and Laundering Case

John Christopher Polit admitted to laundering bribes for his father, ex-Ecuadorian Comptroller Carlos Polit, through Miami's financial system.

John Polit, a former banker, has pleaded guilty to conspiring to commit money laundering, linked to $16 million in bribes for his father.
His father, Carlos Polit, was previously convicted and sentenced to 10 years for receiving bribes from Odebrecht to manipulate government fines.
The laundering scheme involved using Panamanian accounts and Florida companies to disguise the bribe proceeds through various investments.
John Polit's sentencing is scheduled for January 30, 2025, where he faces up to 10 years in prison, though a six-year term is expected.
The case is part of a larger investigation into Odebrecht's $800 million bribery scandal affecting multiple Latin American countries.