From 2009 to at least 2013, private individuals were allegedly able to siphon off more than $3.5 billion from the wealth fund of Malaysia and go on a high-end luxury shopping spree in several countries including the United States, the United Kingdom and Switzerland for property, museum-quality art and a private jet. … Continue Reading
Job: Anti-Bribery Program Manager
Location: Foster City, California, United States
- Execute testing for the Anti-Bribery Monitoring Program to provide reasonable assurance for compliance with the Anti-Bribery Policy
- Gather, consolidate, and test records of gift, travel and entertainment expenditures and undertake monitoring procedures
- Oversee due diligence process with respect to third-party intermediary engagements
Norman Fitzroy Maclean retired from his English Lit teaching duties at the University of Chicago in 1973. He was 71 and had yet to publish a word of fiction.
But after his retirement, his kids encouraged him to write some of the stories he had told them about his childhood.… Continue Reading
A former employee of Southwestern Energy Co. was jailed for 36 months Wednesday after pleading guilty to embezzling nearly $450,000 from her employer and then asking for leniency by faking terminal breast cancer.… Continue Reading
Singapore said Thursday it has seized property and bank accounts linked to money allegedly diverted from Malaysia’s sovereign wealth fund, 1Malaysia Development Berhad.
The seized property and accounts are worth about $177 million, Singapore authorities said.… Continue Reading
Here’s a free preview of FCPA Today — a curated compliance newsletter for busy people.
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The day’s relevant Anti-Bribery Enforcement and Compliance news and commentary are delivered in a morning newsletter.… Continue Reading
Everyone knows that “tone at the top” is important in the ethics and compliance area but the phrase has become a tired and hackneyed cliché. The recent public implosions of established companies and start-ups however, add a fresh perspective and meaning to the concept by illustrating what happens when a CEO or C-suite sets a toxic tone at the top.… Continue Reading
The DOJ alleged in a civil forfeiture complaint Wednesday that officials at Malaysia’s sovereign wealth fund 1MDB and the step son of the Malaysia prime minister diverted more than $3.5 billion from the fund.… Continue Reading
The DOJ filed a civil forfeiture complaint Wednesday against assets allegedly bought with money looted from Malaysia’s sovereign wealth fund, 1Malaysia Development Berhad.
More than $3.5 billion was misappropriated from the fund, the DOJ said.… Continue Reading
Dr. Stein is founder of Dolus Advisors, a New York-based consultancy that employs its knowledge of the psychodynamics of fraud to help companies better-manage business, security, and malfeasance risks.… Continue Reading
We’re talking about the four major laws, or “pillars,” that Brazil enacted on the eve of the 2016 Olympic Games (and 2014 FIFA World Cup) that completely changed Brazil’s anti-corruption landscape. … Continue Reading