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Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

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Richard Bistrong Contributing Editor 

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FCPA Blog Daily News

Entries in Preet Bharara (13)

Monday
Jun202016

Richard Bistrong reads his emails: When ‘pajamas’ were prostitutes and ‘the Z’ was a brothel in Europe

Emails are a great window into what people are thinking and doing. They tell us a lot about attitudes toward life, business, and compliance. I had my own encounter with emails before testifying as a government witness in the Africa Sting cases.

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Tuesday
Oct132015

Case note: Prosecuting foreign bribery without FCPA charges

Preet Bharara, U.S. attorney for the Southern District of New YorkLast week the DOJ charged four bankers from Honduras in a multi-year scheme to launder drug money and bribe foreign officials through accounts located in the United States.

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Tuesday
Apr072015

DOJ: The I CARE Foundation didn't give a #@&%!

Peter Senese in a video from his YouTube channel.A Brooklyn man allegedly cheated parents of abducted children out of thousands of dollars by claiming to have a record of finding missing kids around the world.

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Tuesday
Jan132015

Ex-compliance chief avoids prison for $500 million hedge fund fraud

Paul Greenwood, former part owner of the New York Islanders (Image courtesy of ESPN)The former chief compliance officer of WG Trading Company won't serve time in prison after she helped prosecutors jail the firm’s two partners for a $554 million fraud scheme.

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Monday
Dec222014

Court OKs IRS summonses for FedEx, UPS, DHL in Sovereign Management probe

A federal judge in Manhattan Friday authorized the Internal Revenue Service to issue summonses requiring Federal Express Corporation, DHL Express, United Parcel Service, Inc. and others to produce information about U.S. taxpayers who may be using the offshore services of Sovereign Management & Legal, Ltd to evade U.S. taxes.

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Monday
Dec222014

Former MoneyGram compliance chief penalized $1 million for ‘willful inaction’

The Treasury Department's Financial Crimes Enforcement Network (FinCEN) imposed a $1 million civil penalty against the former chief compliance officer for MoneyGram International Inc.

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Monday
Sep292014

WSJ: Money laundering probe could hold up Commerzbank sanctions settlement

Image courtesy of CommerzbankThe U.S. Attorney in Manhattan is investigating Germany's  Commerzbank AG for alleged violations of money-laundering laws, the Wall Street Journal reported Friday.

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Thursday
Jul312014

BofA fined $1.27 billion for Countrywide mortgage fraud

Judge Jed Rakoff of the U.S. district court in New York on Wednesday ordered Bank of America to pay a $1.27 billion fine for fraud perpetrated by Countrywide Financial Corp., a mortgage company the bank acquired in 2008.

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Tuesday
Jul012014

BNP admits guilt, fined $8.9 billion for U.S. sanctions violations

Jean-Laurent Bonnafé, Chief Executive Officer of BNP Paribas (Image courtesy of Euro Business Media via YouTube)French banking giant BNP Paribas agreed to plead guilty to criminal charges and pay an $8.9 billion penalty for transferring billions of dollars on behalf of blacklisted Sudan, Iran and Cuba, U.S. authorities said Monday.

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Wednesday
May142014

BNP Paribas could pay more than $3.5 billion for sanctions breaches

BNP Paribas' headquarters in Paris; courtesy of WikipediaU.S. authorities are seeking more than $3.5 billion from BNP Paribas SA to resolve federal and state investigations into the bank's dealings with sanctioned countries, including Sudan, Iran and Cuba.

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Wednesday
Apr302014

Chinese ‘weapons proliferator’ indicted for Iran sales

A China national used a web of overseas front companies and U.S. financial institutions to sell nuclear-weapons-related items to Iran in violation of trade sanctions, the DOJ said Tuesday.

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Monday
Apr142014

After NY lawmakers dismantle anti-corruption commission, U.S. Attorney steps in

N.Y. Governor Andrew Cuomo, courtesy of Capitol Pressroom via YouTubeAt the end of March, New York State legislators announced that they had shut down the commission to investigate bribery among its ranks, citing changes to certain rules that made the commission unnecessary, in their view.

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