In late 2007, while cooperating with one investigatory agency in London, I found out that another agency was also looking for me: Her Majesty’s Revenue and Customs (HMRC) had issued a border watch for me.… Continue Reading
The SFO’s decade-long investigation of Paris-based Alstom ended Monday with the sentencing of a UK subsidiary for bribery in Tunisia.… Continue Reading
The Serious Fraud Office’s (SFO) Corporate Co-operation Guidance has arrived in the form of a five-page document. In it, the SFO defines co-operation as “providing assistance to the SFO that goes above and beyond what the law requires” and details eleven general practices that companies should consider when preserving material and giving it to the SFO.… Continue Reading
The UK’s Serious Fraud Office (SFO) enjoys a mixed reputation as far as other law enforcement agencies are concerned, in particular the police.
American national and former deputy general counsel at the FBI, Lisa Osofsky, the head of the SFO, has effectively admitted defeat over several of its investigations, which were started before her tenure at the SFO.… Continue Reading
The strong-arm tactics employed by federal prosecutors in the United States may be about to hit the UK, thanks to the Serious Fraud Office’s (SFO) new head, Lisa Osofsky, a former FBI lawyer.… Continue Reading
A former global sales director for Alstom Power Ltd was jailed for four years and six months Friday for his role in a conspiracy to bribe Lithuanian officials to win two contracts worth $274 million. … Continue Reading
Former Alstom executive Nicholas Reynolds was found guilty Wednesday in a UK court for his role in bribing Lithuanian officials for power station contracts.
Reynolds, 53, a UK citizen, was the global sales director for Alstom Power Ltd’s boiler retrofits unit. … Continue Reading
A judge in London jailed two former top executives of a now-bankrupt oil exploration company to a combined 30 years in prison Monday.
Osman Shahenshah, 56, the former CEO of Afren plc, was sentenced to 16 years in prison.… Continue Reading
Two top executives of a now-defunct oil company were found guilty Wednesday of fraud and money laundering after a six-week trial in London.
Osman Shahenshah, the former CEO of Afren, and Shahid Ullah, the former COO, took $45 million from a secret deal they made with their company’s business partner in Africa.… Continue Reading
Only yesterday they were pimply FCPA nerds. But a strange thing happened. They morphed into the cool kids.
Today’s compliance officers are famous and wanted.
Here’s some evidence.