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 DOJ announced last week that a retired U.S. Army colonel, Joseph Baptiste, was charged in a complaint for his alleged role in a foreign bribery and money laundering scheme in connection with “a planned $84 million port development project in Haiti.”… Continue Reading
The former general counsel of oil and gas services firm PetroTiger was suspended from practicing before the U.S. Securities and Exchange Commission after pleading guilty to an FCPA conspiracy.
Gregory Weisman was sentenced in September 2015 to two years probation.… Continue Reading
From April through June, there were two corporate FCPA enforcement actions. There were also two individual guilty pleas, with one — by Joseph Sigelman in the midst of his FCPA trial — resulting in probation only and no jail time.… Continue Reading
For only the second time in FCPA history, the DOJ Monday made a public announcement that it wouldn’t prosecute a company that cooperated in building a case against a former officer.… Continue Reading
Joseph Sigelman, the former co-CEO of PetroTiger, pleaded guilty today to one criminal count during the third week of his FCPA trial.
Sigelman, 44, pleaded guilty to conspiracy to violate the FCPA. … Continue Reading
Corrupt organizations expect employees to parrot one set of values, while at the same time understanding that the real priority is to subvert these values by paying bribes to win business, or looking the other way when issues arise.… Continue Reading
Prosecutors in Colombia charged six current and former employees of the state-controlled oil company with taking bribes from services company PetroTiger Ltd.
Police made the arrests in a sweep in Bogotá, Bucaramanga, and other cities, the Wall Street Journal said.… Continue Reading
A federal judge in New Jersey ruled last week that prosecutors can use secret video recordings in the trial of the former PetroTiger CEO that the FBI made with a camera attached to the executive’s lawyer.… Continue Reading
President Jimmy Carter addresses Congress in 1977Joseph 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, a former co-CEO of PetroTiger Ltd., is demanding a criminal trial for charges against him in a federal indictment that include four FCPA-related offenses, as well as conspiracy to commit wire fraud and money laundering.… 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.
He was charged in May with bribing an official at Ecopetrol SA, Colombia’s state-controlled oil company, and defrauding PetroTiger by taking kickbacks.… Continue Reading
There was a big FCPA settlement by Hewlett Packard during the prior quarter, nine individual indictments were announced, an appellate court ruled on who’s a foreign official, and there was a DOJ declination.… Continue Reading