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
Here’s a note from contributing editor Marc Alain Bohn about our post yesterday, discussing the DOJ’s recommendation that three CCI executives be sentenced to probation and not jail time.
Marc is the co-author (with Karen Polk) of the popular FCPA Docket, available here.… Continue Reading
In Marc Alain Bohn’s FCPA Docket yesterday, there was important news about three individuals facing sentencing in the Control Components Inc. case.
On February 1, prosecutors asked the court to sentence Mario Covino, Richard Morlok, and Flavio Ricotti to probation and no jail time.… Continue Reading
Since we started tracking FCPA fugitives (like a blog — not like a U.S. Marshal), a lot has happened.
Several names came off the original FCPA fugitives list and new ones have been added.… Continue Reading
David Edmonds, the former vice president of worldwide customer service at California-based Control Components Inc. (CCI), pleaded guilty Friday to violating the Foreign Corrupt Practices Act.
He’s the seventh former CCI executive to plead guilty to FCPA charges.… Continue Reading
Two former executives of Control Components Inc. became the second husband and wife convicted of FCPA offenses when they pleaded guilty Monday in federal court in Santa Ana, California.
Stuart Carson, 73, the former president of CCI, and Hong “Rose” Carson, 48, the director of sales for China and Taiwan, were charged in separate one-count criminal informations with making a corrupt payment to a foreign official.… Continue Reading
There were two mega settlements during the quarter. Both JGC and Johnson & Johnson made our top-ten list. And there were three other corporate resolutions under $10 million.
The Lindsey defendants — the company and two officers — were convicted during the quarter.… Continue Reading
CCI did it. So did Nexus Technologies, Nam Nguyen, Kim Nguyen, and An Nguyen. And now Flavio Ricotti has done it too.
They’ve all pleaded guilty in FCPA cases to violating or conspiring to violate the Travel Act.… Continue Reading
Former fugitive Flavio Ricotti pleaded guilty yesterday in federal court in Santa Ana, California to a single count of conspiracy to violate the Foreign Corrupt Practices Act and the Travel Act.… Continue Reading
An Italian citizen extradited from Germany in July last year to face FCPA charges was released from jail two weeks after his arraignment in California. But he can’t leave home.
Flavio Ricotti was granted pre-trial bail of $500,000 and placed under “home incarceration.”… Continue Reading
Frerik Pluimers, the only FCPA fugitive with his own wanted poster.About a year ago, we compiled our original list of fugitives — people facing FCPA-related criminal charges but still at large.… Continue Reading
On August 17, 2007, the government alleges, Hong “Rose” Carson learned that her employer, California-based Control Components Inc., had hired lawyers to conduct an internal investigation into corrupt payments overseas. Just prior to her interview, prosecutors say, she tore up documents relevant to the internal investigation and flushed them down a toilet in CCI’s ladies room.… Continue Reading
In the biggest multi-party indictment of individuals yet under the Foreign Corrupt Practices Act, six more former executives of Control Components Inc., an Orange County, Calif.-based valve company, were charged yesterday with a decade-long conspiracy to win contracts by bribing officials at foreign state-owned companies.… Continue Reading