Compliance Week11h
Company changes business model, pays $10M fine to resolve FCPA violations
A publicly traded cryptocurrency mining company will pay $10 million and completely change its business model to one with ...
How will a new Trump administration prosecute corruption?
When the compliance lawyer Alexandra Wrage was invited onto CNBC’s program “Squawk Box” in 2012 to give an anti-corruption ...
JD Supra9d
10 Compliance Lessons Learned from the Telefónica Venezolana FCPA Enforcement Action
Last week, the Department of Justice (DOJ) announced a resolution of a Foreign Corrupt Practices Act (FCPA) enforcement action involving Telefónica Venezolana, the Venezuelan subsidiary of ...
Jason Linder
Partner Jason Linder of Mayer Brown is the only former DOJ Foreign Corrupt Practices Act (FCPA) prosecutor on the West Coast, ...
WPEC West Palm Beach on MSN6d
Father and son busted in massive $16M Ecuador bribery scandal
A Miami man pleaded guilty Tuesday for his role in a $16 million international bribery and money laundering scheme.
FCPA violations can cost millions. Here's how to avoid them.
International bribery cases aren't uncommon for large companies like Moog, and it can cost millions in penalties. Jon Yormick ...
Crowdfund Insider1d
SEC, DOJ Charge BIT Mining (500.com) with Foreign Corrupt Practices Act Violations
BIT Mining, formerly known as 500.com, has been charged with Foreign Corrupt Practices Act (FCPA) violations by the Securities and Exchange Commission (SEC). According to a statement issued by ...
Compliance Week8d
Spanish telecomm Telefónica S.A. fined $85M over bribes to government officials in Venezuela
A subsidiary of Spanish telecommunications provider Telefónica S.A. will pay $85.2 million to settle a charge that it ...
Outbound Investment Rule Embraces New National Security Paradigm
Hughes Hubbard’s Michael Huneke says new national security rules, including the Treasury’s Outbound Investment Rule, rely on a legal standard grounded in the Foreign Corrupt Practices Act.