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
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Deutsche Bank is under investigation for whether it hired the children of Chinese government officials as a way to win work, according to a Reuters report based on unnamed sources.
The report didn’t include any details about which agencies are conducting the investigation or if individuals are targeted.… Continue Reading
In September 2012, I published a post about corruption by senior management which stated, somewhat cautiously, “The problem of ‘overseas corruption’ is not ‘overseas.’ It’s in the corner office.”
A year later in November 2013, I published a post headlined more bluntly: “The C Suite: A Crucible for Misconduct.” … Continue Reading
The Securities and Exchange Commission announced charges Friday against Wedbush Securities Inc., a Los Angeles-based market access provider and two of its officials.
The SEC said poor risk controls resulted in Wedbush granting market access to overseas traders without prea-approval and without ensuring they complied with U.S.… Continue Reading
One of California state Sen. Ron Calderon’s own aides helped the FBI run the sting that led to the politician’s arrest in February.
Documents unsealed Friday and obtained by the AP revealed new details about the FBI’s six-year investigation of Calderon and his brother, Tom, a former assemblyman.… Continue Reading
President Benigno Aquino, courtesy of Wikipedia Anti-corruption authorities in the Philippines are preparing to arrest three powerful senators after they were indicted Friday by an anti-graft court.
Justice Secretary Leila de Lima said she was confident there was enough evidence to move forward, the Gulf Times reported.… Continue Reading
Dan Adamescu, courtesy of B1TVChannel via YouTubeThe Romanian National Anticorruption Directorate arrested businessman Dan Adamescu Friday, charging him with bribing judges to rule in his favor in court cases.
Prosecutors from the anticorruption agency said Adamescu instructed his lawyer and others to pay bribes of 20,000 euros ($27,200) to two judges in December 2013 who were presiding over several insolvency cases involving his companies.… Continue Reading