South Korean authorities raided Novartis offices in search of evidence the company provided bribes to local doctors, according to media reports.ΠThe Seoul Western District Prosecutors' Office confiscated various documents, including account books, in order to determine whether rebates the drug maker offered physicians may have actually been bribes, a news agency...

One way in which our Government is battling extremists around the world is by tracking all of their sources of funding and finding ways of cutting off those sources. When a company is designated by the United States as a Foreign Terrorist Organization (FTO), that organization goes on a well circulated list. Funding or...

Massachusetts based medical device company Analogic faces a $15 million settlement with the Securities and Exchange Commission over a foreign corruption investigation, according to a regulatory filing. The imaging system company reported a settlement proposal to the SEC over bribery allegations involving a Danish subsidiary, but said its offer of $1.6 million was declined. The Justice...

A daily fine of $50,000 against Bank of China Ltd will be imposed by a U.S. Federal Judge starting next week after holding it in contempt for refusing to turn over account information on Chinese customers accused of selling counterfeit luxury goods. U.S. District Judge Richard Sullivan in Manhattan said the "coercive fine" will be...

Texas solar company Farmers Branch/ 1SolTech must pay $8.5 million because it imported unsafe solar panels from China and falsely labeled them as U.S. made. The China made panels including many installed into American military bases and airports are fire hazards as they do not conform with U.S. safety standards. Selling foreign products to the...

NetCracker Technology agreed to pay $11.4 million and to settle a whistleblower lawsuit by a NetCracker executive under the False Claims Act. According to the government and the lawsuit, from 2008 through 2013, NetCracker used employees without security clearances on part of a $613 million Defense Information Systems Agency (DISA) contract when...

The Department of Justice is examining the sales New York luxury property and almost $700m of payments suspected of being linked to a financial scandalΠaround Malaysia's prime minister. In question are theΠtransfers to his bank account and real estate deals involving his stepson and a high-profile businessman connected to the...

Standard Chartered Bank is under renewed regulatory scrutiny as a result of a Financial Times investigation into its business ties to Iran. According to news sources, the bank continued to do business with Iranian related companies after agreeing to stop in 2007. The investigation this time is being spearheaded by the Department of Justice, the...

The Securities and Exchange Commission (SEC) has been ordered by a federal appeals court to release 10,000 records to a university research group investigating Chiquita Brands International and its support of a terrorist group in Columbia, The United Self-Defense Forces of Columbia (AUC). The National Security Archive of The George Washington University...