By
Aaron Nicodemus2022-10-18T20:52:00
French multinational building products company Lafarge pleaded guilty to providing material support and resources to two U.S.-designated foreign terrorist groups in Syria, representing the Department of Justice’s (DOJ) first corporate material support for terrorism prosecution.
Lafarge and its defunct Syrian-based subsidiary, Lafarge Cement Syria (LCS), agreed Tuesday to pay nearly $778 million in fines and forfeiture to resolve a charge laid in U.S. District Court for the Eastern District of New York. Lafarge was accused of providing material support and resources from 2013-14 to the Islamic State of Iraq and al-Sham (ISIS) and the al-Nusrah Front (ANF).
The money helped shield the Lafarge cement facility in northern Syria and its employees from being attacked or harassed by ISIS and ANF, which controlled the region during that period of the Syrian civil war.
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.
2022-06-10T17:16:00Z By Aaron Nicodemus
The Securities and Exchange Commission opened an investigation into Ericsson following the Swedish telecommunications company’s acknowledgement of evidence of “corruption-related misconduct” that occurred in its Iraq operations.
2022-05-31T11:51:00Z By Neil Hodge
A French court ruled Lafarge should face charges of complicity in crimes against humanity after its subsidiary allegedly paid up to €13 million (U.S. $14 million) to armed groups—including the Islamic State—to keep its Syrian cement factory running between 2012-14.
2025-10-23T20:36:00Z By Jaclyn Jaeger
It has been nearly six months now since the Department of Justice’s (DOJ) Criminal Division released its memorandum on the selection of compliance monitors. This article provides a critical analysis of the monitorships that received early terminations, those that remain in place, and the broader compliance lessons they impart.
2025-10-23T20:07:00Z By Oscar Gonzalez
The founder of crypto exchange Binance, Changpeng Zhao, received a pardon from President Donald Trump. This pardon comes almost two years after Zhao signed a plea agreement and was sentenced to a four-month prison sentence.
2025-10-23T18:57:00Z By Adrianne Appel
A former Wells Fargo risk officer previously ordered to pay $10 million by the Department of the Treasury’s Office of the Comptroller of the Currency (OCC) for her alleged role in the bank’s “fake accounts” scandal is completely off the hook, according to an OCC consent order issued Tuesday.
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