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 former president of a Maryland-based transportation company was convicted Friday of bribing a Russian official in exchange for contracts to deliver nuclear materials to customers in the United States.… Continue Reading
According to the inaugural ECA Corruption Survey of business executives, in-house legal counsel, and other professionals operating in the Europe-Caucasus-Asia (ECA) region, 71 percent of respondents said that their country’s anti-corruption laws are ineffective and 62 percent said corruption is a significant obstacle to doing business.… Continue Reading
Latvia’s independent anti-corruption agency detained the governor of the central bank Saturday after a raid on his home and office.
Ilmars Rimšēvičs, 52, is also a member of the European Central Bank’s rate-setting committee.… Continue Reading
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) on Tuesday proposed designating a leading Latvian bank as a primary money laundering concern because of alleged connections with North Korea and with criminals in Russia and other countries.… Continue Reading
Since the start of the Ukraine crisis, NATO Secretary General Anders Fogh Rasmussen has called on NATO countries to increase defense spending. Poland has announced plans to accelerate a major military modernization program.… Continue Reading
A Russia subsidiary of Palo Alto-based Hewlett Packard Company pleaded guilty Thursday in federal court in San Francisco to conspiracy and substantive violations of the anti-bribery and accounting provisions of the Foreign Corrupt Practices Act.… Continue Reading
Hewlett-Packard’s $108 million FCPA settlement last week included a guilty plea by its Russia subsidiary to two felonies for conspiracy and substantive violations of the anti-bribery and accounting provisions of the FCPA.… Continue Reading
Latvia has completed the process to become a member of the OECD Anti-Bribery Convention. It will become the 41st party to the Convention on May 30.
“Joining the Convention will enable Latvia to play a more active role in global efforts to tackle bribery and corruption,” OECD Secretary-General Angel Gurria said.… Continue Reading
Prosecutors in Riga, Latvia brought charges last week against six people accused of taking bribes from German vehicle-maker Daimler.
Prosecutor Velta Zaluksne read the charges in the so-called Daimler bribery affair in Riga Central District Court, according to the Baltic Course news site.… Continue Reading
A Russian journalist who reported on the tax fraud uncovered by murdered lawyer Sergei Magnitsky has been awarded the 2013 Knight International Journalism Award.
Roman Anin writes for Novaya Gazeta.… Continue Reading
The United States unsealed criminal charges Tuesday against one current and one former executive of French power company Alstom’s U.S. unit for an Indonesia bribery scheme.
Frederic Pierucci, 45, a French citizen and current Alstom executive in charge of sales, was charged in an indictment unsealed Tuesday in the District of Connecticut, where Alstom’s U.S.… Continue Reading
At least seven officials in Latvia, including members from the Riga city council, will be prosecuted for taking bribes from German vehicle-maker Daimler AG in return for public transport contracts.
Latvia’s Corruption Prevention Bureau this month requested the prosecutor’s office to bring the charges based on information provided by U.S.… Continue Reading