During parliamentary questions in December 2016, Amber Rudd, the Home Secretary, announced that “The Cabinet Office will look at the UK’s response to economic crime more broadly” including the role and effectiveness of the Serious Fraud Office.… Continue Reading
The owner and president of a Texas aviation company was sentenced to 18 months in prison Thursday for helping to bribe officials in Mexico.
Douglas Ray, 55, of Magnolia, Texas was also ordered to pay $590,000 in restitution when he appeared in federal court in Houston.… Continue Reading
CCOs know that accountability and discipline are difficult and perilous areas to embed in their programs for a number of reasons.
Decisions involving discipline and internal enforcement involve levers of power that may be viewed as challenges to existing sources of power and “the way things are done around here.”… Continue Reading
The former Thailand official who took bribes from a Hollywood producer and his wife was sentenced to prison Wednesday by a court in Bangkok.
Ex-Tourism Authority of Thailand governor Juthamas Siriwan was sentenced to 50 years in prison.… Continue Reading
A court in London Wednesday dismissed a lawsuit by Unaoil and its controlling family to quash the fruits of a search police in Monaco conducted last year at the request of the UK Serious Fraud Office.… Continue Reading
Authorities in Sweden arrested an executive and questioned several others from international engineering and manufacturing firm Bombardier as part of an investigation into corruption in Azerbaijan.
A March 17 report by the Organized Crime and Corruption Reporting Project (OCCRP) said Bombardier Transportation AB is suspected of paying “millions of dollars in bribes to unidentified Azerbaijani officials through a shadowy company registered in the United Kingdom.”… Continue Reading
Until a few years ago, corporate decision-makers often worried that knowledge about their company’s human rights impacts may increase risks of litigation, prosecution and investment withdrawal.
Recent developments are shifting the debate in the opposite direction, with corporate counsel now pushing for more proactive knowledge-gathering and transparency.… Continue Reading
The former chief compliance officer of a registered broker-dealer in Woodbury, New York was sentenced to six months in prison for stealing money from overseas investors who thought they were investing in Dell, Berkshire Hathaway, and BlackRock.… Continue Reading
I’ve been looking at the role women now play in compliance in the United States and overseas. The good news is that more women have come into the ranks in top level compliance positions.… Continue Reading
Russian opposition leader Alexei Navalny was arrested Sunday during a huge demonstration in Moscow against government corruption.
He was sentenced to 15 days in jail for resisting police orders.
Navalny organized Sunday’s protests in Moscow and in about 80 other cities across Russia.… Continue Reading
Sometimes the Fat Leonard conspiracy needed new people. Only an officer with plenty of pull within the Seventh Fleet would be considered.
He had to be corruptible. He had to be willing to help Fat Leonard when asked.… Continue Reading
China’s Ministry of Public Security said 951 fugitives suspected of white-collar crimes were captured from 72 countries last year through Operation Fox Hunt.
Fox Hunt is part of China’s effort to repatriate China citizens wanted for any crimes.… Continue Reading