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2011 FCPA Enforcement Index

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  • 1. The FCPA Blog - The FCPA Blog - 2011 Enforcement Index The FCPA Database Search About The Blog Speaking Engagements In The News Be A Sponsor Benchmarking Survey Report The FCPA Blog News And Views About The United States Foreign Corrupt Practices Act MAIN | TOP STORIES OF 2011 » SPONSORS 2011 Enforcement Index Monday, January 2, 2012 At 7:18AM Fifteen companies settled FCPA enforcement actions in 2011 by paying a total of $508.6 million. (In 2010, 23 companies paid $1.8 billion. In 2009, 11 companies paid $644 million. In 2008, 11 companies paid $890.) Three cases this year made it into the top ten -- JGC, Magyar Telekom, and Johnson & Johnson. J&J also left the list before the year ended. While 2011 was slower on the corporate side, it was busy for individuals in all categories -- indictments, trials, sentences, dismissals, mistrials, and appeals. The 2011 FCPA enforcement index looks like this: THE FCPA DATABASE Organizations (countries involved) U.S. enforcement agencies / financial penalties including fines, disgorgement, and The FCPA Database interest: Legislation Index Law Firm Directory Aon Corporation (Costa Rica, Egypt, Vietnam, Indonesia, Law Firm Memos the United Arab Emirates, Myanmar, and Bangladesh) DOJ, News SEC / $16.2 million About Armor Holdings Inc. (United Nations contracts) DOJ, SEC / $16 million Ball Corporation (Argentina) SEC / $300,000 Bridgestone Corporation (Mexico) DOJ / $28 million for antitrust and FCPA violations; FCPA component was $22 million Comverse Technology Inc. (Greece) DOJ, SEC / $2.8 millionhttp://www.fcpablog.com/blog/2012/1/2/2011-enforcement-index.html[02-01-2012 15:54:35]
  • 2. The FCPA Blog - The FCPA Blog - 2011 Enforcement Index Diageo plc (India, Thailand, South Korea) SEC / $16.4 million IBM (South Korea and China) SEC / $10 million JGC Corporation (Nigeria) DOJ / $218.8 million Johnson & Johnson (Greece, Poland, Romania, United Nations Oil for Food Program) DOJ, SEC / $70 million Lindsey Manufacturing (Mexico) DOJ, indictment dismissed by judge after jury trial and conviction, because of CONNECT prosecutorial misconduct Twitter Magyar Telecom and majority owner Deutsche Telekom Facebook (Macedonia, Montenegro) DOJ, SEC / $95 million Get the FCPA Blog delivered to your Maxwell Technologies Inc. (China) DOJ, SEC / $14.3 inbox. million Enter your email address: Rockwell Automation Inc. (China) SEC / $2.8 million Tenaris (Uzbekistan) SEC / $9 million Subscribe Tyson Foods Inc. (Mexico) DOJ, SEC / $5.2 million Delivered by FeedBurner Watts Water Technologies, Inc. (China) SEC / $3.7 RECENT HEADLINES million 2011 Enforcement Index Individuals indicted, tried, or sentenced (includes cases of Top Stories Of 2011 money-laundering only in FCPA-related actions): With Magyar In New Top Ten, Its 90% Angela Aguilar (Lindsey Manufacturing) DOJ, money- Non-U.S. laundering conviction vacated after dismissal of indictments against Lindsey and Lee defendants. Magyar And Deutsche Telekom In $95 Million Settlement Daniel Alvirez (Africa sting) DOJ, pleaded guilty to two Bloomberg: SEC Sues Deutsche counts of conspiracy to violate the FCPA, sentencing pending Telekom, Magyar, And Three Execs Andras Balogh (Magyar Telekom) SEC, charged in civil TSKJ: The FCPAs Whale complaint The Justice Department, Miss Andrew Bigelow (Africa sting) DOJ, criminal trial ended in Havisham, And A Wish For The New mistrial Year The Year Of Living Cleanly? Ulrich Bock (Siemens) DOJ, SEC, criminal and civil charges including conspiracy and substantive FCPA offenses, money- Measuring Naamans Jail Time laundering, and wire fraud To Be A Cheerful Giver Frederic Bourke (Azerbaijan privatization) DOJ, lost Acquittal In Africa Sting Case [Updated] appeal and motion for new trial, will now serve year-and-a- Thirty Months For Naaman day prison sentence and pay $1 million criminal fine Graft At Play In Collapse of Giant Manuel Caceres (Latin Node Inc.) pleaded guilty to Bridge conspiracy to violate the FCPA, sentencing pending What Sentence Is Fair For Naaman? Leesen Chang (Watts Water Technologies, Inc.) SEC, Kaplan: Conflicts Destroy Trust administrative order, $25,000 penaltyhttp://www.fcpablog.com/blog/2012/1/2/2011-enforcement-index.html[02-01-2012 15:54:35]
  • 3. The FCPA Blog - The FCPA Blog - 2011 Enforcement Index Washington Vasconez Cruz (Cinergy Telecommunications BOOKS Inc.) DOJ, charged with one count of conspiracy to violate the FCPA and to commit wire fraud, six counts of FCPA violations, one count of conspiracy to commit money laundering, and 19 counts of money laundering Miguel Czysch (Siemens) DOJ, SEC, criminal and civil Corruption, Crime and Compliance charges including conspiracy and substantive FCPA offenses, by Michael Volkov money-laundering, and wire fraud Joel Esquenazi (Terra Telecommunications Corp.) DOJ, convicted in criminal trial, sentenced to 15 years in prison Haim Geri (Africa sting) DOJ, pleaded guilty to one count Be My Guest: Bylined Posts from the of conspiracy to violate the Foreign Corrupt Practices Act, FCPA Blog sentencing pending by Various Authors Stephen G. Giordanella (Africa sting) DOJ, acquitted after judge dismissed conspiracy count, the only charge the defendant faced Jorge Granados (Latin Node Inc.) DOJ, sentenced to 46 Letters to a Young Lawyer, 100th months in prison Anniversary Edition by Arthur M. Harris Paul W. Jennings (Innospec Inc.) SEC, $300,000 Steve K. Lee (Lindsey Manufacturing) DOJ, indictment dismissed by judge after jury trial AND conviction, because of prosecutorial misconduct Bribery Abroad, Second Edition: Lessons Keith Lindsey (Lindsey Manufacturing) DOJ, indictment from the Foreign Corrupt Practices Act dismissed by judge after jury trial AND conviction, because of by Richard L. Cassin prosecutorial misconduct Tamas Morvai (Magyar Telekom) SEC, charged in civil complaint Ousama Naaman (Innospec) DOJ / SEC sentenced to Bribery Everywhere: Chronicles From thirty months in federal prison and fined $250,000 after The Foreign Corrupt Practices Act guilty plea by Richard L. Cassin Pankesh Patel (Africa sting) DOJ, criminal trial ended in mistrial Antonio Perez (Terra Telecommunications Corp.) DOJ, sentenced to two years in prison and ordered to forfeit The Foreign Corrupt Practices Act of $36,375 1977: With Lay Persons Guide to FCPA and Federal Sentencing Guidelines - Bernd Regendantz (Siemens) SEC, settled civil charges by Chapter 8, Part B paying a civil penalty of $40,000 by U.S. Government Eberhard Reichert (Siemens) DOJ, SEC, criminal and civil charges including conspiracy and substantive FCPA offenses, money-laundering, and wire fraud Flavio Ricotti (Control Components Inc.) pleaded guilty to a single count of conspiracy to violate the Foreign Corrupt Practices Act and the Travel Act, sentencing pending Amadeus Richers (Cinergy Telecommunications Inc.) DOJ, charged with one count of conspiracy to violate the FCPA and to commit wire fraud, six counts of FCPA violations, one count of conspiracy to commit money laundering, and 19 counts of money launderinghttp://www.fcpablog.com/blog/2012/1/2/2011-enforcement-index.html[02-01-2012 15:54:35]
  • 4. The FCPA Blog - The FCPA Blog - 2011 Enforcement Index Carlos Rodriguez (Terra Telecommunications Corp.) DOJ, convicted in criminal trial, sentenced to 7 years in prison Manuel Salvoch ( Latin Node Inc.) DOJ, pleaded guilty to one count of conspiracy to violate the FCPA, sentencing pending Carlos Sergi (Siemens) DOJ, SEC, criminal and civil charges including conspiracy and substantive FCPA offenses, money-laundering, and wire fraud Uriel Sharef (Siemens) DOJ, SEC, criminal and civil charges including conspiracy and substantive FCPA offenses, money-laundering, and wire fraud Stephan Signer (Siemens) DOJ, SEC, criminal and civil charges including conspiracy and substantive FCPA offenses, money-laundering, and wire fraud Leo Winston Smith (Pacific Consolidated Industries) DOJ, sentenced in December 2010, sentence disclosed January 2011, six months in prison followed by six months of home confinement Jonathan Spiller (Africa sting) DOJ, pleaded guilty to one count of conspiracy to violate the FCPA, sentencing pending Herbert Steffen (Siemens) DOJ, SEC, criminal and civil charges including conspiracy and substantive FCPA offenses, money-laundering, and wire fraud Elek Straub (Magyar Telekom) SEC, charged in civil complaint Jeffrey Tesler (KBR and TSKJ consortium agent) DOJ, pleaded guilty to one count of conspiracy and one count of violating the FCPA, Tesler agreed to forfeit $149 million, final sentencing pending Lee Allen Tolleson (Africa sting) DOJ, criminal trial ended in mistrial Andres Truppel (Siemens) DOJ, SEC, criminal and civil charges including conspiracy and substantive FCPA offenses, money-laundering, and wire fraud John Benson Weir (Africa sting) DOJ, criminal trial ended in mistrial _______________________ Prior indexes are here: 2010 FCPA Enforcement Index 2009 FCPA Enforcement Index 2008 FCPA Enforcement Index Our top stories of 2011 are here. The FCPA Blog | Post a Comment | Share Article Email Article Print Article Permalink tagged 2008 Enforcement Index, 2009 Enforcement Index, 2010 Enforcement Index, 2011 Enforcement Indexhttp://www.fcpablog.com/blog/2012/1/2/2011-enforcement-index.html[02-01-2012 15:54:35]

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