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
FTX crypto-exchange founder Sam Bankman-Fried filed a motion in federal court in New York Monday to dismiss most of the criminal charges against him, including the FCPA conspiracy count.… Continue Reading
Last month the UK Privy Council delivered an important decision on the extent to which a bank is obliged to make inquiries into the underlying commercial purpose of offshore financial arrangements.… Continue Reading
Clayton Lewis, the hedge fund partner who invested and lost $126 million in Viktor Kozeny’s Azeri privatization scheme, won’t be sentenced until at least April, according to an order issued this month by the judge hearing his case.… Continue Reading
The U.S. Court of Appeals has denied Frederic Bourke’s request for a new trial.
Bourke, convicted in 2009 of an FCPA conspiracy and sentenced to a year in jail, argued that prosecutors knowingly allowed a key witness to present false testimony to the jury.… Continue Reading
A hedge fund partner who pleaded guilty to conspiracy to violate the FCPA in connection with Viktor Kozeny’s Azeri privatization scheme is now scheduled to be sentenced next year on February 27.… Continue Reading
The U.K. Privy Council ruled yesterday that Viktor Kozeny, the accused mastermind in a huge 1990’s bribery scheme in Azerbaijan, can’t be extradited from the Bahamas to the United States to face FCPA charges.… Continue Reading
Bloomberg’s David Glovin, who provided outstanding daily coverage of Frederic Bourke’s 2009 FCPA-related trial, filed a story yesterday about new money laundering allegations against a key government witness, Hans Bodmer.
The Swiss lawyer was accused in August by Russian billionaire Oleg Deripaska of ‘masterminding a scheme last year to loot OJSC MMC Norilsk Nickel, a nickel producer in which Deripaska invests.’… Continue Reading
Clayton Lewis — who pleaded guilty in 2005 to conspiracy to violate the FCPA — will wait until at least next February to be sentenced.
Lewis was a partner in Omega Advisors, Inc.,… Continue Reading
The Swiss lawyer who helped FCPA fugitive Viktor Kozeny move money that was used to bribe Azeri officials, and who later provided key testimony against Kozeny’s co-defendant Frederic Bourke, is still waiting to be sentenced more than six years after pleading guilty to conspiracy to launder money.… Continue Reading
Clayton Lewis was a partner in Omega Advisors, Inc., a hedge fund that invested and lost about $126 million in Viktor Kozeny’s Azeri privatization scheme.
Lewis, prosecutors said, knew Kozeny planned to pay bribes but went ahead with the investment anyway.… Continue Reading