A U.S. agricultural supply company will pay more than $10 million and make significant compliance upgrades under a deferred prosecution agreement (DPA) to settle a Department of Justice (DOJ) charge of bribing Mexican border officials. The DPA, signed by the Scoular Company, is the DOJ’s first in 2026 related to violations of the Foreign Corrupt […]
DOJ Criminal Division
Posted inInsurance
Former insurance CEO gets 12 years for $2B insurance fraud scheme
The former chief executive officer and founder of Eli Global and Global Bankers Insurance Group was sentenced Tuesday to 12 years in prison for a vast, $2 billion insurance fraud operation that bankrupted numerous insurance companies and cheated thousands of insurance policyholders.
Posted inRegulatory Policy
New DOJ fraud division means broad realignment of resources and attorneys
A new U.S. Department of Justice division will lead investigations of government fraud, and take over duties—and staff, and funds– currently handled by other DOJ divisions and government agencies, Acting Attorney General Todd Blanche announced.