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
Mastercard has followed the success of its first compliance training video with a second release, this time about the perils of getting too close and comfortable with third-party suppliers, agents, and other intermediaries.… Continue Reading
During my time as a sales executive — working alone, remotely and thinly supervised — I sadly thought of my conduct as a win-win.… Continue Reading
Last month Fiat Chrysler paid the SEC $40 million in penalties. The company had accumulated unreported sales in what FCA employees called a “cookie jar.” In months when FCA wanted its vehicle sales to appear better than they were, it dipped into the cookie jar to inflate sales numbers.… Continue Reading
Mastercard has followed the success of its first compliance training video with a second release, this time about the perils of getting too close and comfortable with third parties, be they suppliers, agents, or other intermediaries.… Continue Reading
In a recent Harvard Business Review article, Professor Eugene Soltes shared how “allowing integrity gaps to grow is especially unwise in an era when employees are increasingly likely to bring allegations straight to the media or regulators if they feel ignored by their leadership.”
He added that “to prevent wrongdoing, you need to understand issues that might be developing below the surface.” Professor Soltes specifically focused on how data enables “leaders to proactively identify emerging gaps,” and that “the location of specific integrity gaps — by both function and geography — can be extremely valuable.”
But not every risk can be captured on a GRC dashboard, and during the long stretches between annual training sessions and certifications, integrity gaps can grow and fester.… Continue Reading
When I was beating my sales targets every quarter over the course of a decade, it’s understandable why no one wanted to uncover anything that might disturb those results.… Continue Reading
Not all FBI stings in FCPA cases are alike. That became clear in the prosecution of Roger Richard Boncy and Joseph Baptiste.… Continue Reading
In Wolfburg, Germany, at the global headquarters of the world’s largest automaker, there was little concern among VW’s engineers that they were doing anything unethical or illegal when they created “cheating” software for emissions tests.… Continue Reading
Both the Financial Times and Fortune named Billion Dollar Whale the Best Book of 2018. It’s the story of how Goldman Sachs helped Jho Low steal more than $5 billion from the Malaysian sovereign wealth fund, 1MDB.… Continue Reading
At Fresenius Medical Care, according to a recent post on the FCPA Blog, management owned the graft and senior executives directed the bribery and the global cover up.… Continue Reading
In 2010, I pleaded guilty to a conspiracy to violate the FCPA and served fourteen and a half months at a U.S.… Continue Reading
Today I write from Berlin, staying in what was old East Berlin. Last week I spoke at an event in Malaysia.… Continue Reading