Navy Cmdr. Jose Luis Sanchez, who federal prosecutors accuse of trading insider knowledge in exchange for bribes, was released on bail Thursday, The Washington Post reports.
Sanchez, 41, is accused of giving Glenn Defense Marine Asia, a private contracting company based in Singapore, classified and sensitive information in exchange for more than $100,000, prostitutes, and travel, starting in 2009 through April 2013. He is charged with conspiracy to commit bribery. Two other Navy officials were arrested under similar accusations in September.
Federal prosecutors believe that Leonard Glenn Francis, the contracting company's chief executive, recruited high-ranking moles within the Navy. Another official has not been charged, but is under investigation. Court documents suggest that others could be implicated, in what is becoming the Navy's largest corruption scandal in recent years.