During the fiscal year that ended September 30, the government paid out $435 million to the individuals who exposed fraud and false claims by filing a qui tam complaint, “often at great risk to their careers,” the DOJ said Thursday.… Continue Reading
In this series, we’re looking at IKEA’s charitable contributions in Russia during its expansion there in the 1990s and early 2000s. In Parts Two and Three, I presented quotes from the memoir of the former CEO of IKEA Russia, Lennart Dahlgren.… Continue Reading
Civil asset recovery actions against kleptocrats stashing their loot in luxury real estate abroad has become a hot new topic in the global anti-corruption movements with the publication of Public Wrongs, Private Actions.… Continue Reading
Last week, the UK’s Fianncial Conduct Authority published thematic financial crime risk reviews into 21 small banks and ten commercial insurance intermediaries. It also commenced a consultation exercise on its proposed guidance on financial crime systems and controls.… Continue Reading
Authorities raiding two entertainment venues in Thailand’s capital said they found a list of police officers who allegedly took bribes to ignore license violations and illegal sex services.
“A team of 50 police and military officers targeted Khum Phra Ram and the nearby Rider Resort, which opened as an entertainment venue and restaurant, after hearing complaints the operations lacked licenses and were offering sex services,” the Bangkok Post said.… Continue Reading