Get Our Newsletter



Links

Columnists



Site Search


Entire (RSS)
Comments (RSS)

Archive Calendar

October 2019
S M T W T F S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031  

Guides

How to Become a Bounty Hunter



Tag: corporations

DOJ Corporate Crime Watchdog Quits Over Trump Administration’s Conduct

President Donald Trump

President Donald Trump

By Steve Neavling
ticklethewire.com

A top Justice Department official who served as the corporate compliance watchdog has resigned because she said President Trump’s administration is violating the same government ethics laws that she’s expected to enforce on other businesses.

Hui Chen resigned in June, saying she can’t force companies to comply when Trump’s administration is doing the same thing.

She recently broke her silence in a LinkedIn post, first revealed by International Business Times

“Trying to hold companies to standards that our current administration is not living up to was creating a cognitive dissonance that I could not overcome,” Chen wrote. “To sit across the table from companies and question how committed they were to ethics and compliance felt not only hypocritical, but very much like shuffling the deck chair on the Titanic. Even as I engaged in those questioning and evaluations, on my mind were the numerous lawsuits pending against the President of the United States for everything from violations of the Constitution to conflict of interest, the ongoing investigations of potentially treasonous conducts, and the investigators and prosecutors fired for their pursuits of principles and facts. Those are conducts I would not tolerate seeing in a company, yet I worked under an administration that engaged in exactly those conduct. I wanted no more part in it.”

Chen joined the Justice Department in 2015 to help the agency enforce criminal laws against corporations.

FBI Pumps Up Enforcement of U.S. Companies That Win Contracts Through Bribery

bribeBy Steve Neavling
ticklethewire.com

The FBI has pumped up its enforcement of overseas bribes made by U.S. companies to win contracts.

Bloomberg reports the bureau has added 40 lawyers and agents who will sniff out foreign bribes.

Anti-bribery units have begun working to uncover crooked deals in places like Africa, Asia and South America.

“We’re trying to leverage” companies into reporting suspected bribes by their workers “because often only they have the ability to get that information,” Assistant U.S. Attorney General Leslie Caldwell said in an interview with Bloomberg. “We expect that with new agents and our prosecutors out there,” companies “will think significantly about self-reporting.”

The FBI is using wiretaps and informants to help infiltrate crooking dealings.

“I’m a big fan of all sorts of tactics, including wiretaps, to build a case,” George Khouzami, the assistant special agent in charge of the Federal Bureau of Investigation’s New York office, said in an interview. “We’ve had significant success in recent public corruption cases where it’s easy to play the tape and prove the crime. Why wouldn’t we take advantage of that now when doing FCPA cases?”

Justice Department Gets Tougher on Corporate Crime

wall-streetBy Steve Neavling
ticklethewire.com

The Justice Department is turning up the heat on corporations.

On Monday, the Justice Department notified federal prosecutors that there is no immunity for corporations that don’t disclose all relevant facts about employees involved in an investigation, Reuters reports. 

“In the past, cooperation credit was a sliding scale of sorts and companies could still receive at least some credit for cooperation, even if they failed to fully disclose all facts about individuals,” Deputy Attorney General Sally Quillian Yates said in prepared remarks at an American Bar Association conference on money laundering.

“That’s changed now.”

The Justice Department appears to be bending to pressure by advocacy groups that have accused the federal government of going easy on corporations involved in wrongdoing.

ATF Proposes Closing Loophole for People Obtaining Guns though Corporations or Legal Trusts

Steve Neavling
ticklethewire.com

ATF is proposing to end a loophole that allows people to obtain weapons such as machine guns though corporations or legal trusts without a background check, Courthouse News Service reports.

Anyone wanting to buy a gun is required to file a photo and fingerprint card with the ATF and a local law enforcement agency.

But that’s not the case “if the applicant or transferee is a partnership, company, association, trust or corporation,” Courthouse News Service reported.

The number of those legal organizations increased from 840 in 2000 to 40,700 in 2012, according to the agency.

OTHER STORIES OF INTEREST