The prosecution and defense had previously reached a tentative agreement that to be convicted under the Foreign Corrupt Practices Act, an individual must be aware of the status of the official being bribed.
“Increased selectivity led to fewer cases being opened in FY11, but a 36% increase in the number of cases being substantiated,” an annual report said.
To be convicted under the foreign bribery law, an individual may need to know the recipient is a foreign official, the Justice Department indicated.
The DOJ Fraud Section is the last holdout in reaching a settlement on allegations investigated by four separate government agencies.
A federal judge denied a motion Tuesday to dismiss charges against former executives of Control Components, Inc., upholding the Justice Department’s argument that both the Travel Act and the California Penal Code could be applied to the case.
At the kickoff of the Open Government Partnership Tuesday, the Obama Administration advocated the U.S. implementation of the Extractive Industries Transparency Initiative (EITI) and greater disclosure of federal agencies’ regulatory activities.
The Justice Department announced today that the Tokyo-based manufacturer will plead guilty and pay a $28 million fine for Sherman Act and Foreign Corrupt Practices Act violations and must cooperate with ongoing investigations.
The reports, which quietly went up on the website of the U.N.’s Office on Drugs and Crime sometime in the last week, summarized the reviewers’ findings of the efforts of Mongolia, Uganda, Spain and Finland to criminalize and combat corruption.
Financial and asset disclosure by government officials is a preventative tool in fighting corruption, says State Department Official.
The government argued Friday that the defense’s arguments about the law’s limits were irrelevant as “the government is not charging the defendants with FCPA violations[, but rather] the separate and distinct crime of promoting the [producers'] FCPA violations.”
The Bank provided new details about a unit designed to get out in front of fraud on Bank-financed projects.
The Justice Department dropped its attempt to increase the six-month prison term a federal judge imposed on Gerald and Patricia Green.
The company, Watts Water Technologies, Inc., which set aside $5.6 million to settle a foreign bribery investigation, said it now planned to end the case for almost $2 million less.
ERNST & YOUNG LLP's BRIAN LOUGHMAN ON TRENDS IN GLOBAL FORENSIC ACCOUNTING: Loughman, the Americas leader of Fraud Investigation & Dispute Services, discusses how increased government enforcement, awareness of corruption risk and an emphasis on proactive compliance assessments by corporations is driving double-digit growth in the New York-based practice he leads.
FCPA TRIAL FIRM OF THE YEAR: Finalists are announced in Main Justice's 2013 Best FCPA Lawyer Client Service Awards category, Trial Firm of the Year. The diamond award went to Eric Bruce and Matt Menchel of Kobre & Kim LLP for their defense of two FCPA sting trial defendants.
Mary Jacoby is the founder of Main Justice and Editor-in-Chief of Just Anti-Corruption.
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- Acting Assistant Attorney General Mythili Raman Delivers Keynote Address at the Global Anti-Corruption Congress
- Owner of Louisiana-based Health Care Company Sentenced in Texas to 97 Months in Prison in Connection with $6.7 Million Medicare Fraud Scheme
- Former University Professor Charged in California with Engaging in Sexual Conduct with Minors and Producing Child Pornography
- Axius CEO Roland Kaufmann Sentenced for Conspiracy to Pay Bribes in Stock Sales
- Former Security Contractor Executives Sentenced for Illegally Obtaining More Than $31 Million Intended for Disadvantaged Small Businesses
- Philadelphia Drug Kingpin Sentenced to Death, Co-defendant to Face Life in Prison
- Philadelphia La Cosa Nostra Associate Pleads Guilty to Loan Sharking
- County Commissioner Sentenced for Attempted Extortion and Bribery
- Managing Partner of U.S. Broker-Dealer Charged in Manhattan Federal Court with Participating in Massive International Bribery Scheme
- Former Chief Executive of Mortgage Servicing Company Pleads Guilty to Bank Fraud for Scheme to Withhold Funds from Wells Fargo Bank
- Anti-Corruption Portal of the Americas
- City of London Police
- Global Financial Integrity
- GRECO
- Organization for Economic Co-operation and Development
- Pacer (U.S. Court Documents)
- State Department Bureau of International Narcotics and Law Enforcement Affairs
- TRACE International
- Transparency International
- U.K. Courts
- U.K. Ministry of Justice
- U.K. Office of Fair Trading
- U.K. Serious Fraud Office
- U.S. Department of Justice
- U.S. Department of Justice FCPA Page
- U.S. Federal Bureau of Investigation
- U.S. House Committee on Oversight and Government Reform
- U.S. House Permanent Subcommittee on Investigations
- U.S. Internal Revenue Service Criminal Investigations
- U.S. Securities and Exchange Commission
- U.S. Securities and Exchange Commission Litigation Releases
- U.S. Senate Permanent Select Committee on Intelligence
- United Nations Convention Against Corruption
- World Bank Governance and Anti-Corruption
- World Economic Forum - Corruption Initiative