Eric Holder Jr. announced his resignation as U.S. attorney general Thursday. His nearly six years in office have seen him deal with everything from trials for terrorists to the ongoing protests in Ferguson, Missouri, to enforcement actions such as the whopping $8.9 billion levied against BNP Paribas for transferring billions of dollars on behalf of several countries blacklisted by the United States.… Continue Reading
All posts by Julie DiMauro
Chinese regulators are stepping up anti-corruption enforcement, putting Western and local executives and the companies they work for at greater risk. So it’s important to know which laws in China are most relevant and what preventive action should be taken in response to the increased enforcement.
The British Columbia Securities Commission convicted Victoria-area financial adviser David Michael Michaels of orchestrating a massive fraud that cost hundreds of investors a total of $65 million.
India’s Central Bureau of Investigation (CBI) arrested the chairman of state-run Syndicate Bank Ltd., Sudhir Kumar Jain, on August 3, with the CBI announcing that two cases have been registered under the Prevention of Corruption Act and laws to prevent criminal conspiracy.… Continue Reading
Timothy S. Miller, a co-founder of a Virginia-based government contracting company, pleaded guilty Thursday to bribing two public officials working for the U.S. Navy Military Sealift Command.
According to the facts contained in the plea agreement, Miller and his business partner Dwayne A.… Continue Reading
Father and son hedge fund managers who invested some of their clients’ money with jailed swindlers Bernie Madoff and Tom Petters, agreed to plead guilty Tuesday to criminal charges that they lied about their investment record, the U.S.… Continue Reading
The former mayor of Progreso, Texas and his two sons have been sentenced following their convictions for a bribery scheme that involved the local school board, the U.S. Attorney’s Office for the Southern District of Texas said.… Continue Reading
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) defined the concept of a “culture of compliance” in a six-page advisory Monday that was aimed at senior management, leadership and owners of financial institutions subject to FinCEN’s regulations.… Continue Reading
A report by the Foundation for the Advancement of Investor Rights (FAIR Canada) recommends that Canada create a national agency to centralize the reporting and enforcement of crimes.
“Numerous regulators, police agencies, and other organizations across the country share responsibility for preventing, deterring and detecting fraud, and taking enforcement action against it.… Continue Reading
Scott B. Miserendino, Sr., a former contractor for the United States Navy Military Sealift Command, pleaded guilty Tuesday to conspiracy and taking bribes.
According to a statement of facts filed with the plea agreement, Miserendino was a government contractor at the Military Sealift Command, the leading provider of transportation for the U.S.… Continue Reading
City employees recently hit the classroom in Florence in what has been billed as Italy’s first anti-corruption class for public officials.
The country suffers from an image of endemic organized crime in the form of the Mafia and, more recently, with news accounts of scandals that have tainted some of its public works projects.… Continue Reading
Voters in Turkey went to the polls on Sunday for their first direct presidential elections, following Transparency International’s pressure on the presidential candidates to declare their assets publicly and make other disclosures.… Continue Reading