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Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Elizabeth K. Spahn Editor Emeritus

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in Venezuela (46)

Monday
Jun052017

Ex-Morgan Stanley trader hid Venezuela bond trades from compliance reviews

The Financial Industry Regulatory Authority (FINRA) barred a former Morgan Stanley representative for concealing the customers behind around $190 million in Venezuelan bond trades.

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Friday
May192017

Martin Kenney: Grand Corruption is a crime against humanity

The perpetrators of Grand Corruption are an A-List of kleptocrats who have pillaged their respective countries and their people of countless billions of dollars.

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Tuesday
Jan102017

Two more FCPA guilty pleas in Venezuela oil company bribe case

Two executives from U.S.-based energy companies pleaded guilty Tuesday to foreign bribery charges involving payments to officials at Venezuela’s state oil company, Petroleos de Venezuela S.A. (PDVSA).

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Friday
Sep302016

DOJ breaks new ground with two ‘declinations with disgorgement’

The Justice Department released letters Thursday under the DOJ's Pilot Program to two Texas companies that won't be prosecuted for violating the FCPA but will each have to disgorge all profits they made from the bribery.

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Friday
Sep232016

FCC fines Siemens for failing to disclose FCPA and obstruction convictions

The Federal Communications Commission fined Siemens Corporation and Siemens Medical Solutions $175,000 Thursday for failing to disclose corporate felony convictions as required by the FCC's rules.

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Thursday
Jun162016

Owner of Houston oil service companies admits Venezuela bribes

Image courtesy of PDVSAThe owner of multiple U.S.-based oil and gas services companies pleaded guilty Thursday to bribing officials at Venezuela’s state-owned energy company to win work and speed up contract payments.

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Monday
Apr112016

Seven from Direct Access Partners settle with SEC

The Securities and Exchange Commission said Friday that seven individuals from a registered broker-dealer settled charges related to bribes paid to a former official of a Venezuelan state-owned bank.

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Wednesday
Mar232016

Company owner, employee admit FCPA offenses in Venezuela oil company bribe case

The owner of multiple U.S.-based oil and gas services companies pleaded guilty Tuesday to FCPA and fraud charges for bribing officials to win contracts from Venezuela’s state-owned energy company, Petroleos de Venezuela S.A. (PDVSA).

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Monday
Jan182016

Former Venezuela state bank official sentenced to time served for Wall Street bribe scheme

A former official of a Venezuelan state-owned bank was sentenced Friday to time served for taking at least $5 million in bribes from a Wall Street broker-dealer in exchange for trading business.

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Monday
Dec212015

Report: DOJ arrests two for Venezuela oil company bribes

The Justice Department said Sunday two men were arrested last week for an alleged bribery scheme to win work from Venezuela's state-owned energy company, Reuters reported.

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Friday
Dec182015

Hurtado jailed three years in Direct Access Partners bribe case

A Miami-based broker from Direct Access Partners was sentenced to three years in prison Tuesday for being the middleman in a scheme to bribe a Venezuela state bank official in exchange for bond trading work.

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Wednesday
Dec092015

DAP's Clarke sentenced to two years for Bandes bribes

Tomas Clarke, a former senior vice president at New York-based Direct Access Partners who worked in the firm's Miami office, was sentenced to two years in prison Tuesday for his role in bribing a Venezuela bank official.

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