A VICE PRESIDENT OF FIREARMS MANUFACTURER Smith & Wesson, and a former Secret Service deputy director were among 22 people rounded up and arrested yesterday following Federal indictments charging them with engaging in schemes to bribe foreign officials. Amaro Goncalves, vice president of sales at Smith & Wesson, and R. Patrick Caldwell, chief executive officer of Protective Products Of America Inc. and a former deputy director of the Secret Service, were among those who were charged. Twenty-one of the accused were picked up at a national firearms convention in Las Vegas and the other was arrested in Miami.
Bloomberg News reports:
About 150 FBI agents searched locations in Arkansas, California, Florida, Kentucky, Pennsylvania and Virginia in the case, the Justice Department said. The U.K.’S City of London Police executed search warrants in connection with investigations in England.
The defendants engaged in a scheme to pay bribes to the minister of defense of a country in Africa, according to the indictments. In fact, the plan was part of an undercover operation, with no actual involvement of any government official or the country, the Justice Department said.
The defendants allegedly agreed to pay a 20 percent “commission” to a sales agent who they believed represented the African official, to win part of a $15 million deal to outfit the country’s presidential guard, the government said. The “sales agent” was an undercover FBI agent, prosecutors said.
The investigation has been underway for 2-½ yrs. and is continuing.
Smith & Wesson Holding Corporation issued the following statement Tuesday:
Through media reports today, we became aware of the Justice Department enforcement actions which were taken yesterday and which made reference to an employee of our company. We have no information beyond what has been reported and are prepared to cooperate fully with law enforcement in their investigation into this matter.
Courthouse News Service has more details of the case along with individual identifications of all 22 defendants HERE.




















































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