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
Pre-order the second edition of the China Anti-Corruption Handbook and receive a 33% discount.
The first 50 to pre-order will also enjoy a complimentary annual subscription to the popular China Compliance Digest, a weekly e-newsletter (usual cost is $1,250).… Continue Reading
Interpol this week rejected Russia’s ‘all points bulletin’ for William Browder, who’s leading a global campaign against those responsible for the torture and death of Russian whistleblower Sergei Magnitsky.
Browder’s investment fund, London-based Hermitage Capital, said Friday that Interpol’s decision to delete the Russian warrant is ‘a clear sign that a deeply corrupt regime will not be allowed to freely persecute whistleblowers who have exposed it.’… Continue Reading
Documents leaked to Swedish investigative journalists appear to offer fresh evidence of a link between Swedish telecom giant TeliaSonera and Gulnara Karimova, the daughter of the president of Uzbekistan. And the documents suggest that TeliaSonera agreed to pay bribes as recently as the summer of 2012.… Continue Reading
Chen Hui, a former Haikou (Hainan Province) tax officer, was sentenced to 11 years in prison for taking $212,678 in bribes. Prosecutors said Chen solicited $194,904 from developer Hainan Zhuzong Real Estate Co.… Continue Reading
Some members of Congress are evidently concerned that corporate defendants are getting off the hook. Too many deferred- and non-prosecution agreements, and not enough criminal indictments.
So acting assistant AG Mythili Raman, who’s now heading the DOJ’s criminal division, testified Wednesday before the U.S.… Continue Reading
The re-appointment of Jamie Dimon at JP Morgan has received quite a lot of attention in the U.K. on account of his continued unified role as chairman and chief executive.
According to a U.S.… Continue Reading
We’ve reported allegations of bribery by companies that make and run the dreaded red-light cameras (here and here).
But the allegations now go beyond mere bribery.
An investigation by Florida’s WTSP-St.… Continue Reading
You can now pre-order the second edition of the China Anti-Corruption Handbook, which is set for an early June release.
Much has changed in China since publication of the first edition in September last year.… Continue Reading
An investigation by Canada’s The Globe and Mail and CBC News has uncovered more dirt on troubled engineering giant, SNC-Lavalin. The investigation uncovered secret accounting codes that had been used for years to indicate bribes for contracts in Asia and Africa.… Continue Reading
Mexico’s state oil giant Petroleos Mexicanos (Pemex) filed a lawsuit in U.S. federal court last week against Siemens and South Korea’s SK Engineering & Construction Co. Ltd. to recover about $160 million in damages caused by their bribery.… Continue Reading
The Chinese internet’s “human flesh searches” intended to name and shame misbehaving officials have developed a new wrinkle.
Netizens are studying young officials’ faces for family resemblances that may explain how they got promoted to plum positions so quickly.… Continue Reading
We saw in yesterday’s post that awarding restitution to the governments whose employees accepted (or solicited) the bribes doesn’t quite work.
But can’t we think of a workaround? Can we somehow bypass the government?… Continue Reading