The IRS recently released an internal Chief Counsel Advice Memorandum that said Section 162(f) of the Tax Code prohibited an FCPA defendant from deducting the disgorged amount.
According to the SEC complaint, a subsidiary of a U.S.… Continue Reading
An Indiana-based furniture company that filed a federal whistleblower lawsuit against a competitor for evading U.S. import duties on deliveries from China will collect $2.25 million as part of a settlement.… Continue Reading
Dallas Airmotive Inc., an aircraft engine maintenance, repair, and overhaul firm based in Grapevine, Texas, admitted Wednesday that it bribed Latin American officials to win government contracts.… Continue Reading
Job Title: Compliance Officer – AML Investigations
Employer: JPMorgan Chase & Co.
Location: San Antonio, Texas
This position is part of the firms AML Investigation Unit which is responsible for money laundering and terrorist financing cases and projects. This position will specifically support the Control and Oversight team responsible for ensuring AML Investigations has strong internal controls. This team specifically supports and conducts yearly RCSA testing, process mapping, action plans resulting from OCC exams and internal audits, business continuity and disaster recovery planning, policy and procedure oversight and approval and system access.… Continue Reading
Eric Holder Jr. announced his resignation as U.S. attorney general Thursday. His nearly six years in office have seen him deal with everything from trials for terrorists to the ongoing protests in Ferguson, Missouri, to enforcement actions such as the whopping $8.9 billion levied against BNP Paribas for transferring billions of dollars on behalf of several countries blacklisted by the United States.… Continue Reading
A campaign manager was arrested Thursday and accused of paying for votes in the November 2012 school board election in Donna, Texas.… Continue Reading
The jailed former chief of refining at Brazil’s state-run oil company has reportedly confessed to taking a bribe of about $636,000 in connection with Petrobras’ purchase of a refinery in Texas.… Continue Reading
The former refining chief of Brazil’s state oil company Petrobras has alleged that dozens of the country’s lawmakers and top officials took bribes and kickbacks from the state-owned oil giant.… Continue Reading