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
The U.S. government is selling bitcoins worth $18 million through an auction later this month.
The DOJ seized the 29,000 virtual bitcoins from the Silk Road website last year.
Silkroad allegedly provided a sales platform for illegal drugs and other contraband.… Continue Reading
SEC Commissioner Luis A. AguilarSEC Commissioner Luis A. Aguilar talked about the role of the board of directors in managing cyber risks in light of recent data breaches that have generated media attention and raised public awareness.… Continue Reading
In the prior post we distilled a two-prong rule for hiring the relatives of officials, based on the Guidance, opinion releases, and prior cases. That rule is:
Hiring the relative of a foreign official can violate the FCPA where the official’s duties relate to the hiring company’s interests, and something of value passes through the relative to the official.… Continue Reading
Jiang Hanping, former director of Shenzhen Municipal Health, Population and Family Planning Commission, was sentenced to 11 years in jail for bribery. Jiang took bribes of $476,000 and offered $226,250 to former Shenzhen vice Mayor Liang Daoxing in exchange for Liang’s help in promotions. … Continue Reading
Four Toronto Transit Commission (TTC) employees have been arrested for allegedly making fraudulent purchases using company funds as part of a joint investigation between the Toronto Police and the TTC.
The investigation, called “Project Rocket,” led to the execution of three warrants on Wednesday.… Continue Reading