SEC Awards Over $50 Million to Joint Whistleblowers

SEC

The Securities and Exchange Commission today announced an award of over $50 million to joint whistleblowers whose information alerted SEC staff to violations that involved highly complex transactions and would have been difficult to detect without their information. read more »

Danske CEO bows out over Dutch ABN money laundering inquiry

REUTERS

Danske Bank’s chief executive Chris Vogelzang, who was hired to help it recover from a multi-billion dollar money laundering scandal, resigned on Monday after Dutch authorities labelled him as a suspect in a separate case at ABN Amro. read more »

Louisiana Doctor Sentenced to Prison for Conspiring to Receive Health Care Kickbacks

DOJ

A Louisiana doctor was sentenced today to 18 months in prison for his role in a scheme to receive approximately $336,000 in illegal health care kickback payments. read more »

Former Chief Executive Officer of Publicly Traded Petrochemical Company Pleads Guilty to Foreign Bribery and Securities Law Violations

DOJ

A Brazilian national who previously served as a chief executive officer (CEO) of Braskem S.A. (Braskem), a publicly traded Brazilian petrochemical company, pleaded guilty today to conspiring to divert hundreds of millions of dollars from Braskem into a secret slush fund and to pay bribes to government officials, political parties, and others in Brazil to obtain and retain business. read more »