Foreign Corruption News Today

Donald Trump’s social media venture, Trump Media & Technology Group (NASDAQ: DJT), recently made headlines for its successful public offering,

Trump’s social media company went public relying partly on loans from trust managed by person of interest to prosecutors

Despite having broad bipartisan support, the Enablers Act, which would close many of the loopholes that turned South Dakota into a haven for money laundering, was negotiated out of the NDAA.

Glencore International A.G. (Glencore) and Glencore Ltd., both part of a multi-national commodity trading and mining firm headquartered in Switzerland, each pleaded guilty today and agreed to pay over $1.1 billion to resolve the government’s investigations into violations of the Foreign Corrupt Practices Act (FCPA) and a commodity price manipulation scheme.

The Department of Justice announced the launch of Task Force KleptoCapture to enforce these sanctions and seize assets belonging to sanctioned individuals and other criminal actors.

The Department of Justice announced the launch of Task Force KleptoCapture to enforce these sanctions and seize assets belonging to sanctioned individuals and other criminal actors.

A policy document entitled United States Strategy on Countering Corruption was published, which calls for a government-wide response to corruption and promises aggressive enforcement against those who facilitate laundering of corrupt proceeds through the U.S. economy.

At a virtual kickoff event on December 7, leaders of the U.S. Caucus against Foreign Corruption and Kleptocracy, the EU Parliament (...) [Voltaire Network]

WASHINGTON - A bipartisan group of lawmakers plans to introduce legislation this week that for the first time would require trust companies, lawyers, art dealers and others to investigate foreign clients seeking to move money and assets into the American financial system.

WASHINGTON – Human Rights First welcomes today’s launch of the Congressional Caucus against Foreign Corruption and Kleptocracy, a bipartisan effort to curb global corruption that undermines democracy, the rule of law, and protections for human rights.