U.S. authorities say the scandal-plagued bank made improper payments to politically-connected intermediaries to secure business overseas.
World Acceptance's former Mexico subsidiary paid more than $4 million in bribes to Mexican officials, said the SEC.
The SEC says Cardinal employees made improper payments to boost the sales of a skincare company whose products they were distributing in China.
“Through slush funds, bribes, gifts, and graft, Ericsson conducted telecom business with the guiding principle that ‘money talks.'"
With its fiscal year-end looming, the SEC disclosed charges and settlements against seven different organizations in two days.
The government is strongly signaling that companies can no longer afford to have anything but effective, comprehensive compliance programs.
The Securities and Exchange Commission today charged Walmart with dragging its feet on anti-corruption compliance for more than a decade.
The German medical device company allegedly paid $31 million in bribes to doctors and public health officials in at least 17 countries.
The SEC said ‘relationship hires’ allowed the bank to win millions in business in the Asia-Pacific region.
The firm, Elbit Imaging, violated accounting-related provisions of the Foreign Corrupt Practices Act.
The big oil-services company falsified books and records and violated internal accounting controls in Angola dealings, the SEC charges.
An anticorruption survey from AlixPartners shows redoubled efforts at checking the rising tide of fraud and graft.
