They said that Willbros, through the actions of the same executive and Galvez, implemented a fraudulent tax avoidance scheme in Bolivia which resulted in material misstatements in the company's financial results. DOJ agreed to defer prosecution of Willbros for 3 years in recognition of the company and its subsidiary's cooperation, implementation of FCPA compliance policies and procedures, and engagement of an independent monitor. It said it would dismiss the criminal information at the end of that period if Willbros abides by the agreement's terms. The SEC also acknowledged Willbros Group and its subsidiary's cooperation in its investigation. Contact Nick Snow at.