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 part of a plea deal this week, the Las Vegas Sands paid $47.4 million to the U.S. Treasury and won’t be prosecuted for money laundering. As the DOJ put it, the Las Vegas Sands ‘agreed to return’ the money to the U.S.… Continue Reading
China Grain Reserves Corporation, also known as Sinograin, the state-owned grain storage enterprise that has long been enmeshed in corruption and embezzlement scandals, is the center of another corruption probe.
Chinese newspaper Outlook Weekly, owned by the Xinhua News Agency, reported recently that 110 Sinograin employees in Henan province have been investigated by local prosecutors for swindling the company out of 700 million yuan ($114.5 million) and taking bribes from grain retailers in exchange for awarding grain storage contracts.… Continue Reading