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Editors

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

Global Contagion Report: Deutsche Bank AG

Country: Japan

Company Involved: Deutsche Bank AG

Industry: Banking and securities

Individuals: Shigeru Echigo, a director of Deutsche Securities Inc. and a former Mitsui pension executive, Yutaka Tsurisawa

Enforcement Action: Arrests

Summary:

Shigeru Echigo, 36, a director of Deutsche Bank AG’s Japanese brokerage unit and its pension solution sales department was arrested Thursday on suspicion of bribery.… Continue Reading

Park-Ohio discloses potential violation

Park-Ohio Industries Inc. said on Thursday that a third-party payment on its behalf to tax authorities may have violated the Foreign Corrupt Practices Act.

The subsidiary of Park-Ohio Holdings Corp. said in its latest quarterly filing with the Securities and Exchange Commission that it received a subpoena from the SEC in August.… Continue Reading

Another arrest in growing Navy bribe probe

A third senior U.S. Navy officer has been arrested in a widening bribery investigation and overbilling probe involving a Singapore company.

Navy Commander Jose Luis Sanchez was arrested Wednesday in Florida, the DOJ said.… Continue Reading

The 2012 Corruption Perceptions Index

Transparency International released its 2012 Corruption Perceptions Index (CPI) today, suggesting that levels of bribery, abuse of power, and secret dealings are still perceived to be very high in most countries.… Continue Reading

Qualcomm investigation grows

Qualcomm said this week it has stepped up a review of its FCPA compliance, while the DOJ and SEC continue to investigate the company.

San Diego-based Qualcomm hasn’t identified what business units or countries are involved or the amounts of any alleged sensitive payments.… Continue Reading

Zimmer’s latest FCPA disclosure (November 2012)

Medical device maker Zimmer Holdings, Inc. said in an SEC filing yesterday that it can’t predict the outcome of DOJ and SEC investigations into its overseas sales practices.

The enforcement agencies opened their investigations in 2007.… Continue Reading

Dutch Won’t Open Old Lockheed Wound

The leader of the Dutch government has refused to open a new investigation into the role played by Prince Bernhard in the Lockheed scandal that broke in 1976.

The head of the left-wing liberal D66 party, Alexander Pechtold, asked for ‘a commission of historians .… Continue Reading