News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
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
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Bill Steinman
Contributing Editor
The Justice Department Thursday charged two former Herbalife executives with bribing Chinese officials for ten years and covering it up by lying to the SEC and destroying evidence.… Continue Reading
My writing desk these days is located in a co-working space in Austin, Texas. The atmosphere is bright, cheerful, and totally informal.… Continue Reading
A former Alstom SA executive who carried a UK passport, worked in France, and said he never set foot in the United States, was convicted Friday by a federal jury on 11 of 12 counts for his part in a scheme to bribe government officials in Indonesia.… Continue Reading
Earlier this year the Treasury Department’s Office of Foreign Assets Control published A Framework for OFAC Compliance Commitments. It describes essential components of a sanctions compliance program (management commitment, risk assessment, internal controls, testing and auditing, and training).… Continue Reading
Last week the DOJ revealed guilty pleas by the two Ahsani brothers who were running Monaco-based intermediary Unaoil. The brothers copped to a ten-country bribery conspiracy intended to help “multiple companies” win oil and gas-related contracts.… Continue Reading
The Securities and Exchange Commission said Monday the CEO of Collectors Café used settlement agreements with aggrieved investors that illegally prohibited them from complaining to authorities about alleged fraud.… Continue Reading
A former examiner for the Securities and Exchange Commission allegedly took “compromising” information about an SEC investigation into a private equity firm that hired him to be its managing director and chief compliance officer.… Continue Reading
The former CEO and former chief operations officer of Monaco-based Unaoil pleaded guilty in March to arranging millions in bribes to officials in at least ten countries, and a former Unaoil business development director pleaded guilty in August last year, the DOJ said Wednesday.… Continue Reading
The U.S. Attorney for the District of Massachusetts brought more charges this week against eleven parents who refused plea deals in the college admissions cheating scandal, including Lori Loughlin and her husband Mossimo Giannulli.… Continue Reading
Nearly a third of employees in Singapore were aware of misconduct at work during the past year but many of them didn’t report it to management.… Continue Reading
Among the weird facts about the FCPA is who can decide to launch a criminal investigation or bring an enforcement action, and which government lawyers along the way will do the heavy lifting.… Continue Reading
This week the U.S. Attorney for the District of Massachusetts said out loud what everyone already knows: Lori Loughlin and her husband, Mossimo Giannulli, are risking longer prison terms in the college admissions cheating scandal than at least some of the parents who have pleaded guilty.… Continue Reading