The DOJ and SEC published the Second Edition of A Resource Guide to the U.S. Foreign Corrupt Practices Act Friday, updating for the first time the best government-produced FCPA guidance.… Continue Reading
FCPA-related jury trials are rare. In some years there might be one but in many years there are none. This year, however, there were three, ending in convictions of four defendants.… Continue Reading
A Macau-based real estate developer who bribed UN officials in exchange for support for a conference center was sentenced Friday to 48 months in prison.
Ng Lap Seng, also known as David Ng, was fined $1 million and ordered to pay more than $300,000 in restitution to the United Nations.… Continue Reading
A federal jury in Manhattan Thursday found Macau billionaire Ng Lap Seng guilty of bribing two United Nations officials in exchange for help promoting development of a conference center.
Ng, 69, was convicted following a four-week trial.… Continue Reading
The DOJ filed a superseding indictment in federal court in Manhattan Tuesday against a Macau developer accused of bribing the former president of the United Nations General Assembly.
Ng Lap Seng now faces FCPA charges for paying at least $500,000 in bribes to John Ashe.… Continue Reading