Last week, a grand jury in the Southern District of Florida indicted two former Venezuelan officials, charging them with seven counts of money laundering and one count of money-laundering conspiracy. The charges relate to...more
7/3/2019
/ Bribery ,
Corruption ,
Criminal Conspiracy ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Official ,
Kickbacks ,
Money Laundering ,
Venezuela ,
White Collar Crimes
On August 25, a U.S. District Court Judge for the Southern District of New York sentenced former Guinea Minister of Mines and Geology, Mahmoud Thiam, to seven years in prison, followed by three years of supervised probations,...more
8/31/2017
/ Banking Sector ,
Bribery ,
China ,
Criminal Convictions ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Official ,
Fraudulent Wire Transfers ,
Guinea ,
Mining Contracts ,
Money Laundering ,
Oil & Gas ,
White Collar Crimes
On January 19, 2017, the Western Union Company (“Western Union” or the “Company”) entered into a deferred prosecution agreement (“DPA”) with the Department of Justice (“DOJ”), in which Western Union admitted to willful...more
3/15/2017
/ Banking Sector ,
BSA/AML ,
Class Action ,
Deferred Prosecution Agreements ,
Derivative Suit ,
Financial Services Industry ,
FinCEN ,
Foreign Corrupt Practices Act (FCPA) ,
Form 10-K ,
Misleading Statements ,
Money Laundering ,
Money Transfer ,
Securities and Exchange Commission (SEC) ,
Western Union ,
Wire Fraud