A federal judge in Brooklyn dismissed the SEC’s civil suit against two former executives of fund manager Och-Ziff Capital Management Group that accused them of violating the Foreign Corrupt Practices Act by orchestrating massive bribes across Africa.… Continue Reading
Posts Tagged: Michael Cohen
A former hedge fund highflier charged last year with civil FCPA violations is now indicted for defrauding a big charitable foundation by hiding his conflicts of interest in a multi-million dollar investment deal.… Continue Reading
The Securities and Exchange Commission charged two former executives at Och-Ziff Capital Management Group with orchestrating bribes across Africa that violated the Foreign Corrupt Practices Act.
Och-Ziff Capital Management Group LLC said Tuesday it has reserved $200 million for a settlement of Foreign Corrupt Practices Act offenses arising from alleged bribes in Libya.
The hedge fund firm said it’s now discussing a resolution of criminal and civil charges with the DOJ and SEC.… Continue Reading