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
Uriel Sharef, a former officer and board member of Siemens AG, settled civil FCPA charges with the SEC Tuesday.
He agreed to pay a $275,000 civil penalty, the second highest penalty assessed against an individual in an FCPA case, the SEC said.… Continue Reading
The United States unsealed criminal charges Tuesday against one current and one former executive of French power company Alstom’s U.S. unit for an Indonesia bribery scheme.
Frederic Pierucci, 45, a French citizen and current Alstom executive in charge of sales, was charged in an indictment unsealed Tuesday in the District of Connecticut, where Alstom’s U.S.… Continue Reading
Houston-based Parker Drilling Company resolved Foreign Corrupt Practices Act charges Tuesday for bribes paid to Nigerian officials through an agent to circumvent customs and tax laws.
Parker agreed to pay the DOJ a criminal penalty of $11.76 million.… Continue Reading
As reported by the SCOTUS Blog, the U.S. Supreme Court Monday denied Frederic Bourke’s petition for certiorari (review) of his 2009 conviction for conspiracy to violate the FCPA and lying to FBI agents.… Continue Reading
The Siemens enforcement action is a powerful example of what FCPA enforcement is today . . . and what it is not.
Siemens paid bribes in China, Russia, Venezuela, Mexico, Israel, Bangladesh, Nigeria, and Vietnam. … Continue Reading
Russia’s leading anti-corruption activist is being put on trial for embezzlement — charges he and his supporters say are phony and intended to punish him for exposing government fraud.
Alexei Navalny, left, 36, will stand trial this week 500 miles from Moscow, in the city of Kirov.… Continue Reading
David Barstow and Alejandra Xanic von Bertrab of the New York Times were awarded the Pulitzer Prize Monday for their investigation of Wal-Mart’s alleged bribery in Mexico and the cover up that followed.… Continue Reading
The DOJ said Monday a French citizen has been arrested and charged with trying to obstruct a federal investigation into whether a mining company paid bribes to win mining rights in the Republic of Guinea.… Continue Reading