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

Tags: criminal charges , Foreign corrupt Practices Act , deferred prosecution agreement , financial fraud , FCPA

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

Tags: Foreign corrupt Practices Act , financial fraud law , financial fraud , FCPA

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

Tags: disgorgement , bribery , corruption , Foreign corrupt Practices Act , financial fraud law , financial fraud , FCPA

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

Tags: Financial Fraud Law Quiz , Foreign corrupt Practices Act , Fraud , financial fraud law , FCPA

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

Tags: money laundering , bribery , corruption , financial fraud law , financial fraud , wire fraud , FCPA