Technology companies, energy companies and healthcare companies are the prime targets of U.S. foreign bribery investigations many of which come to light as a result of one company becoming a whistle-blower against a cheating competitor. The foreign bribery investigations are generally handled jointly between the Department of Justice and the Securities and Exchange Commission...

Big Pharma Company Eli Lilly paid $29.4 million to settle charges leveled by the Securities and Exchange Commission that it violated the Foreign Corrupt Practices Act by making improper payments in Russia, Brazil, China and Poland. According to the SEC Eli Lilly subsidiaries paid millions to third parties chosen by government customers and these...

Toyo Ink and their affiliates in New Jersey and Illinois knowingly evaded import duties by misrepresenting the country of origin on documents presented to U.S. Customs and Border Protection to avoid paying those duties. So says that U.S. Government and Toyo, maker of printing ink products has agreed to pay $45 million to settle...

UBS will admit to criminal wrongdoing by its Japanese arm as a result of its traders manipulation of yen Libor and euroyen contracts in order to secure a $1 billion settlement with regulators. The interest rate rigging charges and settlement would make it the second major bank after Britain's Barclays to be sanctioned for...

Walmart is being investigated by the Securities and Exchange Commission for foreign bribes, initially in Mexico but now the investigation of potential Foreign Corrupt Practices violations have expanded to Brazil, China and India.ΠThe company has set out teams of lawyers to look into the possible violations of law in Brazil, China and...

Archer Daniels Midland, one of the world's largest grain traders is speaking with the U.S. government about potential violations of foreign bribery laws, according to the company. The bribes relate to grain and feed exports and the company reported that it had fired employees as a result of an internal review of information it...

The United States Department of Justice has officially joined an explosive federal whistleblower lawsuit against defense contractor Triple Canopy alleging the company fraudulently billed the U.S. for hundreds of foreign nationals hired as security guards who were not proficient in firing weapons. There is a firearms proficiency test which the government says Triple Canopy's...

A Tyco subsidiary, Tyco Valves & Controls Middle East Inc. admitted paying bribes to officials employed by the state controlled oil and gas company in Saudi Arabia to get contracts. The Justice Department agreed to settle the claim for a payment of $26.8 million. In addition, Tyco's China unit paid a bribe in connection...