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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
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

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Bill Steinman
Contributing Editor

SEC charges Israeli company with FCPA offenses

Elbit Imaging LTD. agreed Friday to pay $500,000 to settle violations of the FCPA books and records and the internal controls provisions.

Israel-based Elbit and its subsidiary, Plaza Centers NV, paid millions of dollars to third-party offshore consultants and a sales agent “for services,” without knowing if the services were ever provided.… Continue Reading

Bucharest mayor busted for bribery

On Sunday night the mayor of the Romanian capital of Bucharest, Sorin Oprescu, was arrested for taking a bribe of €25,000 ($28,000). His preventive detention will last thirty days.

Oprescu, 63, pictured left, is serving his second term as Bucharest mayor.… Continue Reading

Germany probes Airbus for bribery

Prosecutors in Munich confirmed Wednesday that Airbus is under investigation for bribery connected with border security contracts in Romania and Saudi Arabia.

Several employees of Airbus Defence and Space, formerly EADS, are the targets of the investigation.… Continue Reading

Prominent Romanian businessman arrested for bribing judges

Dan Adamescu, courtesy of B1TVChannel via YouTubeThe Romanian National Anticorruption Directorate arrested businessman Dan Adamescu Friday, charging him with bribing judges to rule in his favor in court cases.

Prosecutors from the anticorruption agency said Adamescu instructed his lawyer and others to pay bribes of 20,000 euros ($27,200) to two judges in December 2013 who were presiding over several insolvency cases involving his companies.… Continue Reading