During the second calendar quarter — amid the Covid-19 lockdown — there were two corporate FCPA enforcement actions. For comparison, during the second calendar quarter last year, there were three corporate FCPA enforcement actions, and during Q2 2018, there were five corporate FCPA enforcement actions.… Continue Reading
A former Siemens AG executive pleaded guilty Thursday to conspiring to pay tens of millions of dollars in bribes to Argentine government officials for a $1 billion contract to create national identity cards.… Continue Reading
A former Siemens executive indicted by the DOJ in 2011 for bribing officials in Argentina pleaded not guilty in federal court in New York City Friday.
Eberhard Reichert, 78, a German citizen, was released on bond of $500,000.… 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