American pleads guilty in oil-for-food scam

Samir Vincent, 64, a naturalized American citizen, pleaded guilty to four charges as part of a plea deal with the government, which is investigating whether US laws were violated in the $64 billion oil-for-food program.

According to documents filed in the US District Court in New York, Vincent pleaded guilty to conspiring and acting as an unregistered agent of a foreign government, violating economic sanctions and income tax fraud violations.