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
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
In its prosecution of Frederic Bourke for violating the Foreign Corrupt Practices Act by helping Czech-born fugitive Viktor Kozeny bribe Azeri officials, the government plans to call at least two witnesses who have admitted their guilt in the case.… Continue Reading
Bloomberg’s David Glovin reported Friday how federal prosecutors are planning to show that Frederic Bourke, who’s accused of violating the Foreign Corrupt Practices Act, thought his partner in their luxury handbag business was secretly trying to inject him with a “harmful substance.”… Continue Reading
Frederic Bourke is taking video testimony from a critically ill friend that may help prove Bourke was an innocent victim of a massive investment fraud perpetrated by Viktor Kozeny. Bourke, 62, goes on trial June 1 for violating the Foreign Corrupt Practices Act.… Continue Reading
Bloomberg’s David Glovin filed a story Friday (here) reporting that Frederic Bourke will argue that he didn’t violate the Foreign Corrupt Practices Act because there were no corrupt payments to foreign officials.… Continue Reading
The Justice Department obtained a federal court order ten days ago against Viktor Kozeny, barring him from touching any of the proceeds from the 2001 sale of his Aspen, Colorado residence (left), amounting now to about $23 million.… Continue Reading
[Updated and Corrected] It was a corporation that tolerated fraud, deceit and concealment. There were slush funds used to bribe public officials. There were phony contracts and fake invoices to cover up the corruption, and there was a boardroom that knew for years what was happening but feigned ignorance.… Continue Reading
U.S. v. Kozeny. Bloomberg’s David Glovin continues his great coverage of Frederic Bourke’s prosecution under the Foreign Corrupt Practices Act. His latest story says the government’s witnesses will include a former U.S.… Continue Reading
Frederic Bourke wants to know if the U.S. is prosecuting him for violating the Foreign Corrupt Practices Act because he was a whistleblower who interfered in the strategic relationship between the United States and Azerbaijan.… Continue Reading
The Opinion and Order in U.S. v. Kozeny issued October 21, 2008 mentioned in our post yesterday deals directly with the Foreign Corrupt Practices Act’s local law affirmative defense. That defense says a bribe paid to a foreign official is permitted if it was “lawful under the written laws and regulations of the foreign official’s” country.… Continue Reading
Frederic Bourke won’t face Foreign Corrupt Practices Act charges after all. He was indicted in May 2005 with Victor Kozeny and David Pinkerton over an alleged plan to bribe officials from Azerbaijan from 1997 to 1999 in connection with the privatization of the state oil company.… Continue Reading
A report yesterday from Dow Jones said the United States has dropped its sputtering prosecution of David B. Pinkerton on charges of conspiring to violate the Foreign Corrupt Practices Act.
The government had alleged that in June 1998, as the head of AIG Global Investment Corp.,… Continue Reading
Friday’s coming just in time. We’ve used up more than our alloted pixels this week, but it wasn’t our fault. There was Jack Grynberg’s riveting tell-all complaint against his former big-oil partners, fresh allegations of cover-up or neglect or both in Seimens’ internal investigation, and rising outrage at the impotence of the law, courtesy of BAE, Prince Bandar, Mr.… Continue Reading