Topic
Bribery
1,370 published works
International Financial Law Prof Blog
Credit Suisse’s Investment Bank in Hong Kong Agrees to Pay $47 Million Criminal Penalty for Corrupt Hiring Scheme that Violated the FCPA
Credit Suisse (Hong Kong) Limited (CSHK), a Hong Kong-based subsidiary of Credit Suisse Group AG (CSAG), a Swiss-based issuer of publicly traded securities in the United States, reached a resolution…
International Financial Law Prof Blog
Aruban Telecommunications Purchasing Official Sentenced to Prison in Money Laundering Conspiracy Involving Violations of the Foreign Corrupt Practices Act
Conspirators Paid Over $1.3 Million to Influence the Official and to Secure Business with State-Owned Telecommunications Company An Aruban official residing in Florida was sentenced to 36 months in prison…
International Financial Law Prof Blog
New charges in SFO’s Unaoil investigation in relation to US$733 million contract
The Serious Fraud Office has brought further charges against two individuals facing trial in relation to the Unaoil investigation. Basil Al Jarah and Ziad Akle have both been charged with…
International Financial Law Prof Blog
Société Générale S.A. Agrees to Pay $860 Million in Criminal Penalties for Bribing Gaddafi-Era Libyan Officials and Manipulating LIBOR Rate
Bank admits to making over $90 million in corrupt payments; Acknowledges manipulation of global benchmark interest rate, impacting financial products traded worldwide Société Générale S.A. (Société Générale), a global financial…
International Financial Law Prof Blog
Legg Mason, Inc. Agrees to Pay $64 Million in Criminal Penalties and Disgorgement to Resolve FCPA Charges Related to Bribery of Gaddafi-Era Libyan Officials
Legg Mason, Inc. (Legg Mason), a Maryland-based investment management firm, has entered into a non-prosecution agreement with the Department of Justice and agreed to pay $64.2 million to resolve the…
International Financial Law Prof Blog
Chairman of Macau Real Estate Development Company Sentenced to Prison for Role in Scheme to Bribe United Nations Ambassadors to Build A Multi-Billion Dollar Conference Center
The chairman of a real estate development company was sentenced to 48 months in prison and three years of supervised release for his role in a scheme to bribe United…
International Financial Law Prof Blog
Former Military Sealift Command Contractor Sentenced to 87 Months for Bribery and Fraud
A former contractor at the Military Sealift Command was sentenced to 87 months for his role in a bribery and fraud conspiracy through which he received nearly $3 million in…
White Collar Crime Prof Blog
When Do You Have Corruption? From McDonnell to Silver
By Ellen Podgor
Perhaps one of the most confused areas of the law is the Hobbs Act/Bribery area. Cases throughout the years have defined the need for a quid pro quo (McCormick), and noted…
International Financial Law Prof Blog
Former Arkansas State Senator and Representative Pleads Guilty to Conspiracy and Bribery
Former Arkansas State Senator and State Representative Henry (Hank) Wilkins IV pleaded guilty today to conspiring to accept over $80,000 in bribes in exchange for influencing Arkansas state legislation and…
International Financial Law Prof Blog
Honduran Man Indicted for Conspiring to Launder Over $1 Million in Bribes and Funds Misappropriated from The Honduran Social Security Agency
The Department of Justice filed a civil forfeiture complaint seeking the forfeiture of nine properties worth approximately $1,528,000 that were allegedly purchased with funds traceable to a $2 million bribe…