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
A French court last week convicted Teodoro Nguema Obiang Mangue, the vice president of Equatorial Guinea and son of the president, of embezzling public money and spending it on himself.
The judge confiscated all of Obiang’s assets in France, fined him €30 million ($35 million), and gave him a suspended three-year prison sentence.… Continue Reading
The U.S. Department of Justice has been named as an investigating agency in 80 active FCPA-related investigations.
The SEC has been named in 82 investigations.
The UK Serious Fraud Office has been named in 15 investigations.… Continue Reading
The 1977 Foreign Corrupt Practices Act paved the way for the landmark 1997 OECD Anti-Bribery Convention requiring major exporting nations to criminalize bribery of foreign public officials in international business. All the Parties to the Convention now have foreign bribery laws and global enforcement has ratcheted up, spurring enhanced compliance. … Continue Reading