By Aly McDevitt2025-09-23T13:59:00
Lafarge’s decision to keep its Syrian cement plant running during the Syrian Civil War led to secret dealings with armed groups, including U.S.-designated terrorist organizations, triggering one of the most significant corporate accountability cases of the past decade.
In 2022, Lafarge pleaded guilty to providing material support to terrorist groups after the U.S. Department of Justice (DOJ) found it had funneled nearly $6 million to the Islamic State of Syria (ISIS) and the al-Nusra Front (ANF) using U.S. financial systems and email services—the first corporate case of its kind in the U.S.
Lafarge’s Syrian plant started unassumingly, but the ordinary venture soon entangled the company in serious legal and ethical challenges.
2025-09-22T13:03:00Z By Aly McDevitt
Compliance Week’s latest case study investigates French cement maker Lafargeʼs collapse into criminal conduct detailing how sidelining ethics and compliance can lead companies into dangerous territory. What began as “local concessions” ended in funding terrorism—and a historic legal and reputational disaster.
2025-09-09T16:37:00Z By Aly McDevitt
The Epstein case remains a defining moment for financial institutions. As new investigations bring renewed attention to his enablers, Compliance Week’s 2024 case study offers not only a timeline of failures but a path forward. Here’s what banks, regulators, and compliance teams must learn from it.
2024-03-18T15:50:00Z By Aly McDevitt
This Compliance Week case study offers a deep dive into the anti-money laundering compliance failures—and alleged complicity—of JPMorgan Chase and Deutsche Bank, the two banks that enabled the Jeffrey Epstein enterprise to flourish for decades.
2025-09-08T16:49:00Z By Jaclyn Jaeger
Cyber threats, climate-related catastrophes, and disruptive technologies remain top risks reshaping the U.S. insurance industry. The question is how chief risk officers at the nation’s largest insurers are confronting them.
2024-03-21T16:00:00Z By Aly McDevitt
Both JPMorgan Chase and Deutsche Bank retained their respective Jeffrey Epstein relationships for too long. Yet, there is a case to be made for why exiting a high-risk relationship too soon can become an inverse form of recklessness.
2024-03-20T16:00:00Z By Aly McDevitt
Why did JPMorgan Chase retain Jeffrey Epstein for more than a dozen years? How did the relationship persist despite glaring red flags? The “why” is straightforward; the “how” is more complicated.
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