Fraud

The DOJ’s Fraud Section had a banner year in 2022, posting its highest number of convictions in a single year — 56 — and continuing the agency’s stated focus on individual accountability. Sandra Moser, Justin D. Weitz and Erica A....

How well-prepared is your organization to fight corruption? Most Companies Enhancing Anti-Corruption Programs 2023 Global Anti&#8209Corruption Survey What’s in this report from AlixPartners:With global economic uncertainty continuing, many observers fear companies will turn to unscrupulous or even illegal activities to...

Brazil’s presidential contest will head to a two-man runoff election later this month, but if any observers had hopes for an anti-corruption movement to take hold in the country, Victoria Abut says the only thing that can’t win this election...

One person’s harmless inducement is another’s criminal bribe. With customs, mores and laws that vary by culture, what constitutes bribery in each business context is not always clear. Help your employees and protect your company by providing clear context and...

The UK’s just-enacted corporate crime legislation is a step in the right direction but failed to address a wide range of risks and challenges. Nonetheless, in the current climate, more legislation will soon follow. In light of such developments, global...

The SEC's FCPA settlement with South Korean telecom KT Corporation was relatively light, thanks in part to the latter's cooperation. But the company's missteps remain a cautionary tale for ethics and compliance. Here's where KT Corporation ignored red flags and...

In 1992, Mark Whitacre, a divisional president at ADM, began to cooperate with the FBI in their investigation into alleged price-fixing at the company. Before and during this period, he also embezzled millions from his employer. Whitacre provides multiple cautionary...

Though the Biden administration's first year kept enforcements light, broad shifts and specific measures taken by regulators are set to affect the health care and life sciences industry through 2022. The following lays out enforcements companies will likely experience over...

The Biden Administration and DOJ intend to pursue cyber fraud through the False Claims Act (FCA), with an emphasis on whistleblower reporting. The implications could devastating for unsuspecting health care compliance teams and lead to multiple exposures to enforcement. 

Results of a recent Ethics and Compliance Initiative (ECI) survey indicate that a majority of CCOs can’t be sure whether DOJ follows its own guidance when accounting for self-reporting and other incentivized action in the penalties it hands down. That...

While the transition to the Biden administration has ushered in many changes, including new policies and initiatives at the U.S. Department of Justice, one thing that remains constant is the DOJ’s reliance on the False Claims Act as a key...

DOJ's latest remarks (via Deputy Attorney General Lisa Monaco) on corporate criminal enforcement carry important implications for compliance teams. Going forward, the department will take a wider view of companies' past wrongdoing, require more detailed information on individuals related to...