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
It was blockbuster quarter for FCPA enforcement, and April was one of the busiest months on record.
There were five corporate resolutions, including the first-ever double non-prosecution agreements from the DOJ and SEC in the Ralph Lauren case.… Continue Reading
The former hedge fund executive who pleaded guilty nine years ago to conspiracy to violate the FCPA was sentenced Wednesday to time he aleady served in jail.
Clayton Lewis was also ordered to pay $100 in court costs, according to Bloomberg’s David Glovin.… Continue Reading
The Swiss lawyer who pleaded guilty in 2004 to helping move money used to bribe officials in Viktor Kozeny’s Azeri privatization scheme was sentenced in New York on Wednesday to the time he already served in jail.… Continue Reading
Clayton Lewis, the hedge fund partner who invested and lost $126 million in Viktor Kozeny’s Azeri privatization scheme, won’t be sentenced until at least April, according to an order issued this month by the judge hearing his case.… Continue Reading
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
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
Clayton Lewis — who pleaded guilty in 2005 to conspiracy to violate the FCPA — will wait until at least next February to be sentenced.
Lewis was a partner in Omega Advisors, Inc.,… Continue Reading
In a letter asking for another sentencing delay for a potential witness against Viktor Kozeny, the DOJ has said the U.K. Privy Council accepted jurisdiction over Kozeny’s extradition from the Bahamas and could decide the case this year.… Continue Reading
The Swiss lawyer who helped FCPA fugitive Viktor Kozeny move money that was used to bribe Azeri officials, and who later provided key testimony against Kozeny’s co-defendant Frederic Bourke, is still waiting to be sentenced more than six years after pleading guilty to conspiracy to launder money.… Continue Reading
Clayton 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
Let’s update the list of individuals waiting to be sentenced for violating or conspiring to violate the Foreign Corrupt Practices Act. Since October, Frederic Bourke and William Jefferson have been sentenced and come off the list.… Continue Reading
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