The Nation - News from July 15, 1987
A former official of the international telecommunications satellite organization and two others pleaded guilty in a scheme to obtain $4.8 million through the rigging of construction and financing contracts for the agency’s new headquarters. Richard R. Colino, 51, INTELSAT’s director general and chief executive officer from 1983 until late 1986, pleaded guilty to interstate transportation of money obtained by fraud. His co-defendants, Charles G. Gerrell, 44, a Little Rock, Ark., mortgage broker, and Manuel G. Sera, 66, a Washington real estate broker, pleaded guilty to conspiracy charges.
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