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
In early December, when Assistant AG Brian Benczkowski summarized the year’s FCPA enforcement scoreboard against individuals, he surprised just about everyone.… Continue Reading
Colombia’s national airline said in a U.S. securities filing Thursday that it is investigating possible violations of the Foreign Corrupt Practices Act and other anti-bribery laws because of free and discounted tickets and upgrades given to government officials in various countries.… Continue Reading
The World Bank Tuesday debarred Brazil-based engineering and construction company Construtora Norberto Odebrecht S.A. for three years for “fraudulent and collusive practices” during a project in Colombia.
Also debarred were Odebrecht construction subsidiaries based in Colombia, Chile, Panama, Peru, Barbados, Angola, the United States, Luxembourg, Austria, and the Cayman Islands.… Continue Reading
The former Colombian National Director of Anti-Corruption was sentenced Wednesday to four years in prison after a DEA sting in Miami caught him soliciting a $132,000 bribe to undermine an investigation into a local politician.… Continue Reading
The former Colombian National Director of Anti-Corruption pleaded guilty in Miami after a DEA sting operation caught him soliciting a $132,000 bribe to undermine an investigation into a local politician.
According to his plea, Luis Gustavo Moreno Rivera, 36, conspired to launder money in order to promote foreign bribery.… Continue Reading
Luis Gustavo Moreno Rivera. Photo courtesy of the Office of the Colombian Attorney GeneralColombia’s top anti-corruption prosecutor was extradited to the United States Friday to face charges connected to bribes he allegedly took to subvert investigations in the U.S.… Continue Reading
Colombia’s regulator overseeing fair business practices is investigating at least 12 local companies suspected of bribing officials in other countries.
The Superintendency for Trade is conducting the investigations.
The report first appeared in the newspaper El Tiempo and was picked up by Colombia Reports, an English language source.… Continue Reading
Massachusetts-based Alere Inc. will pay more than $13 million to settle charges that it bribed foreign officials and committed accounting fraud to meet revenue targets, the SEC said Thursday.
Alere subsidiaries in India and Colombia “obtained or retained business” by using distributors or consultants to make improper payments to officials of government agencies or entities under government control, the SEC said.… Continue Reading
Following a peace agreement that ended more than 50 years of civil conflict against the drug cartels and FARC (the Colombian Revolutionary Armed Forces, for its initials in Spanish), the focus now in Colombia is on exposing and prosecuting corruption.… Continue Reading
Three fund managers and a national government said in SEC filings last week that Odebrecht’s corruption scandal has become a problem and a risk factor for them.
Brazil-based Odebrecht, an engineering and construction giant with world-wide reach, agreed late last year to settle bribery offenses by paying global criminal penalties of at least $2.6… Continue Reading
Luis Gustavo Moreno Rivera. Photo courtesy of the Office of the Colombian Attorney GeneralColombia’s top anti-corruption prosecutor was indicted in the United States after DEA agents in Miami recorded him agreeing to take bribes to subvert investigations in the U.S.… Continue Reading
The former general counsel of oil and gas services firm PetroTiger was suspended from practicing before the U.S. Securities and Exchange Commission after pleading guilty to an FCPA conspiracy.
Gregory Weisman was sentenced in September 2015 to two years probation.… Continue Reading