News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
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Andy Spalding
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Jessica Tillipman
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Bill Steinman
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Richard L. Cassin
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Elizabeth K. Spahn
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Cody Worthington
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Julie DiMauro
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Thomas Fox
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Marc Alain Bohn
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Bill Waite
Contributing Editor
Russell A. Stamets
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Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
First-hand details of the global pay to play kickback scheme at Olympus were brought to the government’s attention by the company’s former corporate compliance officer.
John Slowik filed a federal lawsuit in New Jersey under the qui tam or whistleblower provisions of the False Claim Act and similar state laws.… Continue Reading
Commerzbank AG agreed to pay $1.45 billion for doing business with Iran and other sanctioned countries and its failure to have adequate money laundering controls, the DOJ and New York financial regulator said Thursday.… Continue Reading
The UK Competition Commission’s investigation and preliminary report regarding competition between external auditors and the dominance of the Big Four accountancy practices, has generated some controversy. For starters, the Commission has recommended for FTSE-350 companies that there be a decennial re-tendering for external auditors rather than a rotation.… Continue Reading
A good friend of the FCPA Blog who contributes the Corporate Investigations List sent the following message a couple of days ago, logos included:
… Continue ReadingDear FCPA Blog,
It’s barely a month into the new quarter and already five new companies are under or potentially under FCPA investigation (that I am aware of).
The fired British CEO of Tokyo-based Olympus Corporation has turned over evidence of potentially corrupt payments to the U.K.’s Serious Fraud Office.
Michael Woodford, a thirty-year veteran at the company, served as CEO for just six months before being fired a week ago.… Continue Reading