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
The newly enacted UK Economic Crime and Corporate Transparency Act (ECCTA) has introduced several new criminal offenses that are aimed directly at corporate and individual fraud, even introducing a new offense — failure to prevent fraud.… Continue Reading
It’s not just your company where it’s happening. It’s every company, everywhere, all at once, and it’s undermining compliance. What is it? Uncertainty. … Continue Reading
Most major technology companies have bug bounty programs, where independent researchers compete against the company to find security exploits or vulnerabilities. If a bug is found, confirmed, and patched, the researcher is eligible for monetary compensation.… Continue Reading
Journalism professors will rap my knuckles for leading with a question (or two), but here goes: Are we designing our compliance programs all wrong? Are we programming our compliance programs for failure?… Continue Reading
Today’s hyper-transparent environment has given the public stunning opportunities to review internal communications from executives at leading companies and to pass real-time judgments on the strengths and vulnerabilities of their cultures.… Continue Reading
I have written several times in the past about how anonymous/shell companies facilitate corruption and limit the ability of investigators to hold corrupt officials accountable. I have also been critical of the limited progress in the United States on this front. … Continue Reading
The news earlier this month that Google was to follow Facebook and ban all ads for cryptocurrencies wasn’t entirely unexpected. However, it did say much about the way such innovative technology is being misused.… Continue Reading
The New York Times asked who’s sitting near the big bosses at Google and Facebook. It turned out the best seats are now occupied by teams working on artificial intelligence.
“I can high-five Mark and Sheryl from my desk, and the AI team was right next to us,” Facebook’s chief technology officer, Mike Schroepfer, told the Times.… Continue Reading
Frictionless mobile payments may not be as good as cash for paying bribes and buying contraband, but they’re the next best thing.
The New York Times published a report last week exposing the scale of weapons being trafficked through Facebook groups into Libya, Yemen, Iraq, and Syria.… Continue Reading
Aishwarya Rai Bachchan, Bollywood actress and former Miss WorldA famous Bollywood actor. His daughter in law, a former Miss World. One of India’s top lawyers. Politically connected “industrialists.” For a country with 1.2 billion people, the 500 or so Indian nationals disclosed so far in the Panama Papers are hardly a blip, and few of the names a surprise.… Continue Reading
In the first post in this three-part series, I wrote about decision-making when the project is lawful but awful. But there are also risks when situations are lawful but new or novel.… Continue Reading
Siberian artist Vasily Slonov is selling special envelopes to use for paying bribes.
“The envelopes, which are decorated with the text of the criminal code article that deals with bribery, sold like hot cakes and were even bought by corrupt bureaucrats themselves,” Slonov told the Moscow Times.… Continue Reading