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Editors

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

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Briton used graft to sell fake bomb detectors

A U.K. man who became rich selling fake bomb detectors in Iraq and other trouble spots was convicted of fraud this week in London’s Old Bailey.

James McCormick bought novelty $20 ‘golf ball detectors’ from the U.S.,… Continue Reading

Top Indonesia traffic cop pocketed $11 million, prosecutors say

The former chief of Indonesia’s traffic police is on trial, accused of corruptly amassing houses, land, cars, and even gas stations.

Inspector General Djoko Susilo was arrested in December.

At the opening of his trial this week at a special anti-corruption court in Jakarta, prosecutors said his ill-gotten assets amounted to more than $11 million.… Continue Reading

‘Enforcement storm’ starts in China finance sector

Last week, authorities made initial strikes in what some are calling an “enforcement storm” against illegal bond trading.
 
Zou Yu, a fund manager at Shanghai-based Wanjia Asset Management, was reportedly detained for suspected involvement in an illegal bond-trading scheme.… Continue Reading

Job: Manager, Global Ethics & Compliance

Job Title: Manager, Global Ethics & Compliance

Company: Avon

Location: New York, NY

Job Scope: This position is responsible for supporting the continued implementation of the Avon Global Ethics & Compliance program, with the majority of the work performed in the Records & Information Management (RIM) program.… Continue Reading

SEC names two enforcement chiefs

The enforcement division’s George CanellosThe Securities and Exchange Commission on Monday said acting director George Canellos and former federal prosecutor Andrew Ceresney will share leadership of the enforcement division as co-directors.… Continue Reading

Global Contagion Report: LKG Enterprises

Country: United States

Companies Involved: LKG Enterprises, Aliviane Inc.

Industry: Health Care

Industry Subsector: Health Care Providers

Official Involved: Dolores Briones, El Paso (Texas) county judge, pictured right

Enforcement Action: Judgement

Summary: LKG Enterprises was banned from accepting government contracts for five years after its former president Ruben “Sonny” Garcia, Jr.… Continue Reading

Moscow steps up battle against Browder

The Anti-Terrorist Department (Department ‘T’) of the Russian Interior Ministry is trying to arrest the American-born head of Hermitage Capital, William Browder, who has conducted a successful global campaign to sanction those involved with the jailing and death of his lawyer, Sergei Magnitsky.… Continue Reading

Job: Compliance Program Manager

Job Title: Compliance Program Manager

Company: Microsoft

Location: Redmond, WA

Job Scope: The OLC Program Team is seeking a compliance program manager for the following functions and responsibilities: Communication and Awareness: The successful candidate must be an excellent writer who can conceive and produce impactful communications to drive awareness among employees and other parties of Microsoft’s compliance program, policies and procedures, and compliance systems and processes.… Continue Reading