A company charged by the U.S. appears to exist only on paper, and its directors are fugitives.
The penalty for failing a “test for innocence” can be severe, as FCPA sentencing disparities make clear.
Another judge is on record against the kind of “bright line” definition that the business lobby would like to see.
John O’Shea was acquitted of foreign bribery charges last month by U.S. District Judge Lynn Hughes in Houston.
Patrick Joseph pleaded guilty Wednesday to conspiracy to commit money laundering as part of an ongoing Miami foreign bribery case.
The possible FCPA violations stem from a 2010 incident in which an employee of a Mexican subsidiary allegedly made improper payments to a Mexican governmental health care entity.
The government has requested a 40 percent sentence reduction for three defendants involved in bribing Honduran officials for telecommunications business.
A Florida telecommunications company charged with foreign bribery is arguing that the Justice Department exceeded the statute of limitations when it filed a second superseding indictment.
A report by Global Financial Integrity tracked illicit financial flows out of Mexico from 1970 to 2010.
Prosecutors filed a second superseding indictment in a Miami foreign bribery case, joining six individuals and one company scheduled to begin trial in Feb. 27.
A key defense lawyer does not see a rush of public companies to go to trial.
The government’s key witness in a Texas foreign bribery case “knows almost nothing,” U.S. District Judge Lynn Hughes said from the bench Monday as he granted a Rule 29 motion for acquittal of Foreign Corrupt Practices Act counts against John J. O’Shea. TRANSCRIPT attached.
After a 10-minute recess on Monday, Judge Lynn Hughes returned with a carefully scripted list of why he was granting the Rule 29 motion for acquittal on the substantive FCPA counts. “I just didn’t see how anyone on that jury could be thinking I did something wrong,” John O’Shea said in an interview with Just Anti-Corruption. A status hearing on Friday will discuss the fate of six remaining counts against the former manager of a Texas-based subsidiary of Swiss engineering firm ABB Ltd.