Charles Duross, former deputy chief of the Justice Department’s Fraud Section, shared tips on how companies can best manage third parties and employees who willfully try to circumvent internal controls and engage in corrupt acts as part of his keynote speech at Compliance Week’s virtual TPRM conference Wednesday.
According to data from Stanford Law School, nearly 90 percent of Foreign Corrupt Practices Act (FCPA) matters alleging bribery involve the use of third-party intermediaries. That figure has not wavered very much over the last decade. Often in bribery and corruption cases, the main culprits are employees and third parties who collude with one another and find ways to game the system.
