Smartmatic Seeks Dismissal of Money Laundering Indictment
Analysis based on 14 articles · First reported Mar 10, 2026 · Last updated Mar 10, 2026
The criminal indictment against Smartmatic and its parent company, SGO Corporation, for money laundering and bribery allegations, coupled with claims of political retribution, creates significant uncertainty for the voting technology industry. This event could negatively impact investor confidence in companies operating in politically sensitive sectors and highlight the risks of international business dealings.
Voting technology firm Smartmatic is seeking to dismiss a criminal indictment for money laundering, alleging that the prosecution is a 'campaign of retribution' orchestrated by Donald Trump and his allies. Smartmatic's parent company, SGO Corporation, was added to the indictment, which charges executives, including co-founder Roger Pinate, with paying $1 million in bribes to election officials in the Philippines for a 2016 contract. Prosecutors also accuse Roger Pinate of diverting revenue from a $300 million contract with United States===Los Angeles County, California to a 'slush fund' and bribing Venezuela's election chief. Smartmatic claims its business suffered after Fox Corporation===Fox News provided a platform for false allegations that the company rigged the 2020 U.S. presidential election, leading to a $2.7 billion defamation lawsuit against Donald Trump's allies in the media.
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