- Associated Press - Thursday, July 20, 2017

PHILADELPHIA (AP) - A Pennsylvania man has been sentenced to five years in federal prison for violating the Foreign Corrupt Practices Act by bribing an investment banking official with $3.5 million.

Forty-five-year-old Dmitrij Harder pleaded guilty in April to bribing a European Bank for Reconstruction and Development official. The bank is owned by 66 countries around the world, including the United States and the nations of the European Union.

U.S. District Court Judge Paul Diamond imposed the sentence Tuesday in a Philadelphia courthouse. Diamond also ordered Harder to forfeit about $2 million.

Authorities say Harder paid bribes in order to funnel European Bank clients to his consulting company.

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