News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
As we said, two FBI agents at an international law enforcement conference last week said several U.S. public companies are being investigated for bribery in Indonesia.
The agents wouldn’t name names.… Continue Reading
The first shot-show defendants are in federal court in Washington, D.C., where jury selection started today.
The government divided the original 22 defendants into four groups to make the trials more manageable.… Continue Reading
By Jeffrey M. Kaplan
Anti-corruption auditing has become commonplace in the past few years, but as a general matter the audit process tends to occur too infrequently to serve as a company’s only form compliance “checking.”… Continue Reading
An FBI agent told a gathering of international law enforcement officials last week that several U.S. public companies are being investigated for bribery in Indonesia.
According to a report in the Jakarta Globe, Gary Johnson of the FBI said, “There are cases that involve companies from our country in Indonesia.”… Continue Reading
They’re facing up to 30 years behind bars.
The government isn’t likely to ask for jail terms of that length. But prosecutors will want long sentences — probably more like 10 or 12 years.… Continue Reading
More than half the journalists murdered in the line of duty were working to expose corruption.
“Murder, after all, is the ultimate form of censorship,” wrote Robert Mahoney, deputy director of the Committee to Protect Journalists (CPJ).… Continue Reading
In the New York Times‘ DealBook, Peter Henning had a terrific post about the cost of Avon Products’ internal FCPA investigation.
The company’s legal fees and costs for outside counsel conducting the investigation were $59 million in 2009, $95 million in 2010, and $22.5 for the first quarter of this year, said Henning, a Wayne State University Law School prof who writes the DealBook’s White Collar Watch.… Continue Reading
Should anyone be surprised by the guilty verdicts handed down Tuesday in the Lindsey case?
Not at all. History, and the odds, are always against FCPA defendants.
Others who’ve learned that in recent years include Gerald Green and his wife Patricia, Frederic Bourke, William Jefferson, David Kay, Douglas Murphy, and David Mead — all convicted by juries in FCPA cases.… Continue Reading
A reader just asked about possible sentences for the Lindsey defendants convicted on all counts by an LA jury yesterday.
Here’s the status:
Sentencing for Lindsey Manufacturing, Dr. Keith Lindsey, and Steve K.… Continue Reading
Russia’s top anti-corruption campaigner is being investigated for abusing his role as an unpaid adviser to the governor of the Kirov region.
Alexey Navalny, 34, left, who we’ve written about before, is a lawyer and shareholder activist.… Continue Reading
The White Collar Crime Prof Blog reported the acquittal of the former associate general counsel of GlaxoSmithKline, Lauren Stevens.
Judge Roger Titus of the U.S. district court in Maryland directed an acquittal during a hearing today.… Continue Reading
The jury handed down guilty verdicts today on all counts against all of the defendants on trial in the Lindsey case.
Lindsey Manufacturing, its CEO Dr. Keith Lindsey and CFO Steve K.… Continue Reading