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Editors

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

How to sell a parliament seat in Azerbaijan

Photo courtesy of the CIA World FactbookThe Azeri prosecutor-general recently began a corruption investigation against Gular Ahmadova, a member of parliament from Azerbaijan’s ruling Yeni Azerbaijan party, after a video surfaced on YouTube showing her negotiating the sale of a parliamentary seat.… Continue Reading

Lewis Sentencing Moves Forward

A hedge fund partner who pleaded guilty to conspiracy to violate the FCPA in connection with Viktor Kozeny’s Azeri privatization scheme is now scheduled to be sentenced next year on February 27.… Continue Reading

Kozeny Wins In Privy Council

The U.K. Privy Council ruled yesterday that Viktor Kozeny, the accused mastermind in a huge 1990’s bribery scheme in Azerbaijan, can’t be extradited from the Bahamas to the United States to face FCPA charges.… Continue Reading

Are ‘Red Flags’ Good News For Bourke?

The U.S. Second Circuit Court of Appeals issued an opinion this week that could mean Frederic Bourke has a better chance to win a new trial.

In the appeals court, four executives of General Re and AIG won new trials after being convicted of securities fraud and related charges.… Continue Reading

Waiting For Viktor

FCPA fugitive Viktor KozenyClayton Lewis was a partner in Omega Advisors, Inc., a hedge fund that invested and lost about $126 million in Viktor Kozeny’s Azeri privatization scheme.

Lewis,  prosecutors said, knew Kozeny planned to pay bribes but went ahead with the investment anyway.… Continue Reading

The Accidental Felon?

Frederick Bourke, the government says, didn’t stumble into Viktor Kozeny’s conspiracy to violate the FCPA by accident, as Bourke contends. He either knew the deal was tainted by bribery and ignored the facts, or deliberately avoided learning the truth.… Continue Reading

Bourke Witness Faces Sentencing

Hans Bodmer, a key witness against Frederic Bourke, faces sentencing today in federal court in Manhattan for conspiracy to launder money. Photo by edenpicturesHans Bodmer, the Swiss lawyer who once represented Viktor Kozeny and provided key testimony against Frederic Bourke, may learn his sentence today.… Continue Reading

Kozeny Keeps Fighting

Viktor Kozeny, left, the promoter of a failed 1998 plot to take control of the Azeri state oil company during its privatization by bribing the country’s leaders, has again asked a court in the Bahamas to block his extradition to the United States.… Continue Reading

Bourke Gets A Year In Prison

Frederic Bourke, the American entrepreneur who led a charmed life and whose prosecution brought new prominence to the Foreign Corrupt Practices Act, has been sentenced to a year and a day in prison and fined $1 million for investing in a bribe-tainted deal in Azerbaijan and then lying to FBI agents about it.… Continue Reading