By Aaron Nicodemus2024-12-23T12:00:00
Aviation maintenance services provider AAR Corp. will pay nearly $56 million to settle charges that it violated the Foreign Corrupt Practices Act (FCPA) when it paid bribes to government officials in Nepal and South Africa.
Illinois-based AAR earned nearly $24 million in illegal profits by paying bribes to obtain and retain business in the two countries from 2015-18, the DOJ said in a press release Thursday.
The company entered into an 18-month non-prosecution agreement with the DOJ and will forfeit $18.5 million. The forfeiture was credited against disgorgement and prejudgment interest totaling more than $29 million.
2025-04-07T18:13:00Z By Adrianne Appel
The federal government may have paused enforcement of the Foreign Corrupt Practices Act (FCPA), but that’s not the case in California, where bribes to foreign officials will be prosecuted, Attorney General Rob Bonta warned.
2025-02-13T15:50:00Z By Aaron Nicodemus
With a six-month ban on enforcement of the Foreign Corrupt Practices Act, compliance should retreat from fear-based messaging and instead focus on why ethical practices make good business sense, experts say.
2025-02-06T20:05:00Z By Aaron Nicodemus
The U.S. Department of Justice under new Attorney General Pam Bondi will de-emphasize white collar misconduct linked to bribes and foreign corruption, instead prioritizing corruption cases linked to human smuggling and the trafficking of narcotics and firearms.
2025-10-08T18:28:00Z By Adrianne Appel
Charlie Javice, a former CEO who duped JPMorgan Chase into purchasing her start up company for $175 million, has been ordered to forfeit more than $22 million by the Department of Justice (DOJ) and to spend 7 years in jail.
2025-10-07T16:08:00Z By Adrianne Appel
Georgia Tech Research Corp. (GTRC) has agreed to pay $875,000 to settle allegations first raised by two compliance officers that its cybersecurity protocols violated acceptable standards for defense contractors, the Department of Justice (DOJ) said.
2025-10-06T17:12:00Z By Adrianne Appel
Tractor Supply Company has agreed to get into compliance with California’s consumer privacy law and to pay a $1.35 million fine—the largest yet by California—to settle allegations it violated the privacy rights of customers and job applicants.
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