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 Treasury Department’s Financial Crimes Enforcement Network said Tuesday that the owner of Caesars Palace casino in Las Vegas will pay an $8 million civil penalty for “willful and repeated violations” of the anti money-laundering provisions of the Bank Secrecy Act.… Continue Reading
KPMG International recently released the results of its global anti-bribery and corruption survey in the report, Anti-Bribery and Corruption: Rising to the challenge in the age of globalization.
The report (available here in pdf) amplifies the growing bribery and corruption risks that third parties present and the challenges companies face in monitoring these intermediaries.… Continue Reading
The United States Court of Appeals for the Third Circuit unanimously affirmed the Federal Trade Commission’s authority to bring legal action against companies that fail to employ reasonable cybersecurity measures to protect non-public consumer data.… Continue Reading
There is ample evidence suggesting that retaliation against whistleblowers is common, even in countries with elaborate whistleblower protections.
For instance, the 2013 National Business Ethics Survey (NBES) reveals that 21 percent of United States workers who reported misconduct said they experienced reprisals, down from 22 percent in 2011.… Continue Reading
On Sunday night the mayor of the Romanian capital of Bucharest, Sorin Oprescu, was arrested for taking a bribe of €25,000 ($28,000). His preventive detention will last thirty days.
Oprescu, 63, pictured left, is serving his second term as Bucharest mayor.… Continue Reading