An FCPA anti-bribery offense requires five essential elements: (1) Corruptly (2) paying or promising to pay (3) anything of value (4) to a foreign official (5) for the purpose of obtaining or retaining business or securing any improper advantage.… Continue Reading
Posts Tagged: Joel Esquenazi
The DOJ and SEC published the Second Edition of A Resource Guide to the U.S. Foreign Corrupt Practices Act Friday, updating for the first time the best government-produced FCPA guidance.… Continue Reading
The former general manager of a Miami-based firm was sentenced this week to time served for his part in a plot to bribe officials at Haiti’s state-owned telecommunications company.
Amadeus Richers, 66, a German citizen living in Brazil, was also placed on supervised released for three years and ordered to pay $100.… Continue Reading
The former general manager of a Miami-based firm pleaded guilty Wednesday to violating the Foreign Corrupt Practices Act by conspiring to pay $3 million in bribes to win a contract from Haiti’s state-owned telecommunications company.… Continue Reading
The DOJ’s Yates Memo is nearly a year old. The anti-corruption and compliance communities are still wondering what impact it will have on individual responsibility for white collar crimes. That in turn has brought more interest about past prison sentences for FCPA offenses and what future defendants might expect when sentenced.… Continue Reading
An event at George Washington University on May 4 will take a close look at a real-world story of violating the Foreign Corrupt Practices Act.
FCPA Blog contributing editor Richard Bistrong’s strange journey from the front-lines of international business, to cooperation with law enforcement, and incarceration will be the focus.… Continue Reading
Joseph Sigelman, the former co-CEO of PetroTiger Ltd., is the latest defendant to argue that employees of state-owned enterprises aren’t “foreign officials” under the FCPA.… Continue Reading
Joseph Sigelman, who served as a former co-CEO of PetroTiger Ltd., is the latest FCPA defendant to argue that employees of state-owned enterprises aren’t “foreign officials” under the FCPA.
The U.S. Supreme Court Monday denied a writ of certiorari for two jailed Haiti teleco defendants who argued that employees of state-owned enterprises aren’t “foreign officials” under the Foreign Corrupt Practices Act and bribes paid to them shouldn’t be FCPA violations.… Continue Reading