Financial Fraud Law

Recent Posts

The Reach of the Foreign Corrupt Practices Act: German Engineering Firm to Pay $32 Million Criminal Penalty
Posted on 10 Dec 2013 by Steven A. Meyerowitz

Bilfinger SE, an international engineering and services company based in Mannheim, Germany, has agreed to pay a $32 million penalty to resolve charges that it violated the Foreign Corrupt Practices Act (FCPA) by bribing government officials of the Federal... Read More

Weatherford International and Subsidiaries Agree to Guilty Plea to FCPA and Export Control Violations and Will Pay $252 Million in Penalties and Fines
Posted on 26 Nov 2013 by Steven A. Meyerowitz

Three subsidiaries of Weatherford International Limited, a Swiss oil services company that trades on the New York Stock Exchange, have agreed to plead guilty to anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA) and export controls violations... Read More

Alcoa World Alumina Pleads Guilty to Foreign Bribery and Will Pay $384 Million in Fines and Penalties
Posted on 9 Jan 2014 by Steven A. Meyerowitz

Alcoa World Alumina LLC, a majority-owned and controlled global alumina sales company of Alcoa Inc., has agreed to plead guilty and to pay $223 million in criminal fines and forfeiture to resolve charges that it paid millions of dollars in bribes through... Read More

Oil Company’s Ex-CEO Guilty in Foreign Bribery Case
Posted on 19 Feb 2014 by Steven A. Meyerowitz

The former chief executive officer of PetroTiger Ltd., a British Virgin Islands oil and gas company with operations in Colombia and offices in New Jersey, has pleaded guilty for his role in a scheme to pay bribes to foreign government officials and to... Read More

Oil Services Company’s Ex-General Counsel Pleads Guilty to Bribery and Fraud
Posted on 8 Jan 2014 by Steven A. Meyerowitz

Two former chief executive officers of PetroTiger Ltd. – a British Virgin Islands oil and gas company with operations in Colombia and offices in New Jersey – have been charged for their alleged participation in a scheme to pay bribes to foreign... Read More