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
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
A U.S. judge entered default judgments Tuesday against two former executives of Siemens in Argentina in a civil FCPA enforcement action brought by the SEC.
Judge Shira A. Scheindlin ordered Stephan Signer and Ulrich Bock to each pay a $524,000 civil penalty.… Continue Reading
Uriel Sharef, a former officer and board member of Siemens AG, settled civil FCPA charges with the SEC Tuesday.
He agreed to pay a $275,000 civil penalty, the second highest penalty assessed against an individual in an FCPA case, the SEC said.… Continue Reading
A federal district court judge in New York City today threw out the SEC’s civil FCPA enforcement action against a former Siemens executive accused of helping pay $100 million in bribes to officials in Argentina.… Continue Reading
A former Siemens executive charged by the SEC with violating the Foreign Corrupt Practices Act has reached agreement in principle to settle his case.
Ariel Sharef and the SEC are preparing settlement documents, the SEC told a federal judge in New York City last week.… Continue Reading
In December last year, the DOJ and SEC charged eight former executives and agents from Siemens with bribing government officials in Argentina.
‘Over the course of the bribery scheme,’ the SEC said, ‘over $100 million in bribes were paid.’… Continue Reading