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
It started when I read the New York Times piece by multiple reporters, “How a Massive Bomb Came Together in Beirut’s Port.” As I read it, I just got more and more agitated.… Continue Reading
The Egmont Group — Financial Intelligence Units from 151 jurisdictions, with 19 other observer organizations — issued its latest Communiqué from its meeting in Monaco last week, targeting terrorist financing.
The Egmont Group, founded in 1995, is used by enforcement agencies to share information and help each other develop evidence to prosecute financial crimes, such as money laundering, tax evasion, and graft.… Continue Reading
Prosecutors in Moscow warned the Russian branch of Transparency International to register as a foreign agent, TI-Russia said in a statement posted on its website Friday.
Prosecutors told the anti-corruption NGO that its “actual activity includes interfering with the government’s policy in the fight against corruption by lobbying its own proposals to change it,” TI’s statement said.… Continue Reading
An executive at Swiss pharma Novartis pleaded guilty in a bribery prosecution in Poland, the company has confirmed.
Poland’s anti-corruption bureau charged two women with bribery. Prosecutors said they gave a health fund official a tourist trip worth more than $1,000 in exchange for backing the sale of a particular drug, Reuters said.… Continue Reading
GlaxoSmithKline said Tuesday it is investigating allegations of corrupt payments in the United Arab Emirates.
The UK’s biggest pharma confirmed the investigation following allegations of improper payments set out in a whistleblower’s email sent to its top management Monday, Reuters said.… Continue Reading
A court in China fined UK pharma giant GlaxoSmithKline $490 million Friday following a conviction for bribery.
GSK’s former head of China operations, Mark Reilly, was given a three-year prison sentence that was suspended, the BBC said.… Continue Reading
Press reports that GlaxoSmithKline fired employees of its China unit in 2001 for paying bribes to government officials could complicate the company’s defense of current allegations about illegal sales practices in several countries.… Continue Reading
GlaxoSmithKline said it is investigating allegations of bribery in Jordan and Lebanon first reported by the media.
The UK-based pharma giant said in a statement Wednesday the probes are ongoing.
GSK said it has a “zero tolerance” for illegal behavior.… Continue Reading
A reader liked this anti-corruption ad.
It’s from the Lebanese Advocacy and Legal Advice Center. The group was established in 1999 by Transparency International’s local chapter.