The former CEO of PetroTiger Ltd. — a British Virgin Islands oil and gas company with operations in Colombia and offices in New Jersey — was indicted Friday for bribing an official at Ecopetrol SA, Colombia’s state-controlled oil company, and defrauding PetroTiger by taking kickbacks.… Continue Reading
Posts Tagged: Grand Jury
Beauty products company Avon said Thursday it has “reached an understanding” with the DOJ and SEC for settlement of FCPA offenses.
The company said the resolution will include payment of $135 million for “alleged violations of the books and records and internal control provisions of the FCPA.”… Continue Reading
Here’s what Massachusettss-based gun-maker Smith and Wesson said in its annual report (Form 10-Q) filed with the SEC on December 10:
On January 19, 2010, the DOJ unsealed indictments of 22 individuals from the law enforcement and military equipment industries, one of whom was our former Vice President-Sales, International & U.S.… Continue Reading