Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Former president of transportation company indicted on bribery charges

Jaclyn Jaeger | January 16, 2018

The Department of Justice last week unsealed an indictment against a former co-president of a Maryland-based transportation company for his alleged role in a bribery scheme involving an official at a subsidiary of Russia’s State Atomic Energy Corporation.

Mark Lambert was charged in an 11-count indictment with one count of conspiracy to violate the Foreign Corrupt Practices Act and to commit wire fraud, seven counts of violating the FCPA, two counts of wire fraud and one count of international promotion money laundering.

According to the indictment, beginning at least as early as 2009 and continuing until October 2014, Mark Lambert conspired with others at the unnamed company, "Transportation Company A" to make corrupt and fraudulent bribery and kickback payments to offshore bank accounts associated with shell companies, at the...

Buy this article for $49, or subscribe to Compliance Week for a month at $149 and get unlimited article access for 30 days.