In my prior post for the FCPA Blog, I talked about government and industry guidance for avoiding elder abuse in sales practices. In this post, I’ll discuss best practices for disclosure in general and a compliant sales function.… Continue Reading
In an earlier post for the FCPA Blog about protecting whistleblowers, I said ex ante protective measures for whistleblowers may act as guarantee that disclosures of wrongdoing will be taken seriously and that reprisals will not be tolerated within an organization.… Continue Reading
The Yates Memo states that if a corporation wishes to resolve its own criminal charges and receive any credit for cooperation, it must provide the DOJ with all relevant facts relating to the individuals responsible for the misconduct.… Continue Reading
An orthopedic surgeon who sued a Florida non-profit hospital district under the False Claims Act will collect $12 million as his share of a $69.5 million settlement.
Dr. Michael Reilly sued the North Broward Hospital District under the qui tam provisions of the False Claims Act. … Continue Reading
Brazil’s antitrust agency opened an investigation into fifteen foreign banks and thirty individuals for allegedly forming a cartel to manipulate exchange rates of local Brazilian reals and foreign currency.
Among the banks under investigation are affiliates of Tokyo-Mitsubishi UFJ, Barclays, Citibank, Credit Suisse, Deutsche Bank, HSBC, JPMorgan Chase, Merrill Lynch, Morgan Stanley, Nomura, Royal Bank of Canada, Royal Bank of Scotland, Standard Chartered, UBS, and Standard Bank (South Africa), according to the release from the agency.… Continue Reading
U.S. Attorney General Loretta Lynch said Monday the investigation into graft at FIFA has expanded and she anticipates “pursuing additional charges against individuals and entities.”
A federal jury in Houston Thursday convicted a psychiatrist in a $158 million Medicare fraud involving seven years of false claims for mental health treatment that was never provided.
Sharon Iglehart, 58, of Harris County, Texas, was found guilty of one count of conspiracy to commit health care fraud, one count of health care fraud, and three counts of making false statements relating to health care matters.… Continue Reading
According to research collected by the North American Securities Administrators Association (NASAA), although people age 60 and older make up 15 percent of the U.S. population, they also account for about 30 percent of fraud victims.… Continue Reading
When I was asked last week during a TV interview if I once believed I could do wrong with impunity, I responded, “I never thought about getting caught.” Now, almost ten years after my last criminal act, comes the Yates Memo.… Continue Reading
Here are some highlights from Latin American about corruption, enforcement, and compliance through August 2015.
Argentina: Three former employees of the Argentinian Mint (Casa de La Moneda) and a representative of the German company Atlantic Zeiser were sentenced to prison for an overpricing scheme, in which the SOE’s employees took bribes to award contracts for the purchase of technical equipment.… Continue Reading
The Egmont Group is part of the international infrastructure used by enforcement agencies to share information and help each other develop evidence to prosecute financial crimes, such as money laundering, tax evasion, and graft.… Continue Reading