If your company did business with Petrobras or the construction company Odebrecht SA over the past 10 years or so, things are about to get very interesting. Indeed, as reported in the Wall Street Journal, one headline in Brazil screamed, โ€œThe Doomsday Plea Bargainโ€ and one commentator was quoted that โ€œIt will be like a hydrogen bomb.โ€ All this because the โ€œJailed billionaire construction mogul Marcelo Odebrecht is ready to turn stateโ€™s evidence in a massive Brazilian corruption probe.โ€

Thomas Fox has practiced law for over 40 years. Tom writes the daily award-winning blog, the FCPA Compliance and Ethics blog and founded the Compliance Podcast Network. Tom leads the discussion on AI in...