Petrobras Restates Financials Amid Bribery Probe
A corruption probe unfolding against Brazilian state-owned oil company Petrobras took an interesting turn today, when Brazilian federal police carried out a series of raids that resulted in the arrests of eighteen individuals believed to be involved in a widespread money-laundering scheme. In light of the accusations and investigations, Petrobas ...
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Brazil’s Anti-Corruption Head Resigns
Brazil’s anti-corruption obstacles continue to escalate, following the resignation this week of the federal government’s head of anti-corruption, amid a corruption probe unfolding against Brazilian state-owned oil company Petrobras. Hage’s resignation comes as eight engineering and construction companies that held contracts with Petrobras face allegations that they took part in ...
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News BriefDOJ targets $14.6B in health care fraud with focus on transnational crime
Emerging enforcement priorities of the U.S. Department of Justice’s health care fraud division align with the Trump administration’s emphasis on prosecuting transnational criminal organizations and ending opioid trafficking.
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News BriefDOGE targets SPAC oversight under SEC, report says
The Department of Government Efficiency (DOGE) has a new target, and this time it won’t be just firing federal workers. The agency formed by Tesla CEO Elon Musk at the start of the Trump administration wants to roll back more regulations.