Alexandra Wrage interviews Adam Davidson, a staff writer for The New Yorker who recently wrote an article entitled “Donald Trump’s Worst Deal.” The article tells the story of a deserted Trump hotel and an Azerbaijani partner in the deal who hailed from a corrupt family with ties to Iran’s revolutionary guard. Despite a deep awareness in the region of the FCPA and AML regulations, this partnership generated the financial crime hat trick: corruption, money laundering and sanctions violations.
TRACE International, Inc. is a globally recognized anti-bribery business organization and leading provider of third party risk management solutions. Members and clients include hundreds of multinational companies headquartered in the U.S. and worldwide. For more information, visit www.TRACEinternational.org.
The Biden administration, in a March memo, estimated EIDL and PPP fraud has totaled $84 billion to date. Numerous federal...
OFAC's recent enforcement action against MoneyGram underscores organizations' need for robust screening to ensure AML compliance and prevent sanctions violations....
Throughout one's career, one is often tempted by potential gains to be realized from misconduct. But trading in your honor...
The SEC has already or may yet update its periodic reporting requirements on a number of fronts. Most of these...
