Page 13 - Fraud Section News Today

Moffitt Cancer Center’s recent $19.5 million settlement with the U.S. Department of Justice (DOJ) and the state of Florida resolving allegations that billing errors violated the False...

The Justice Department has announced charges against two individuals and the guilty plea of a third individual for orchestrating a $1.89 billion cryptocurrency fraud scheme. Sam Lee, 35, an Australian citizen residing in Dubai, United Arab Emirates, was charged in an indictment unsealed today for allegedly co-founding HyperFund, also known as HyperTech, HyperCapital, HyperVerse, andThe Justice Department has announced charges against two individuals and the guilty plea of a third individual for ...

On December 22, 2023, President Biden signed into law the 2024 National Defense Authorization Act. This bipartisan legislation included...

SAP to Pay More Than $220 Million to Resolve Foreign Bribery Investigations

Andrew Weissmann is an American attorney as well as a professor. From 1991 to 2002, he worked as an Assistant United States Attorney, handling significant cases involving organized crime. Later, he played a key role as the chief prosecutor in the Office of Special Counsel of Robert S. Mueller from 2017 to 2019. Previously, he […]

We continue our exploration of the SAP Foreign Corrupt Practices Act (FCPA) enforcement action. Today we go full geek in a look at the fine and penalty and most importantly what the...

This week we are taking a deep dive into the SAP Foreign Corrupt Practices Act (FCPA) enforcement action. In it, SAP agreed to pay the Department of Justice (DOJ) and Securities and...

The U.S. Attorney’s Office for the Southern District of New York (SDNY) is taking aim at corporate criminal wrongdoing with a new whistleblower initiative. Our White Collar, Government...

On December 14, 2023, the Commodity Futures Trading Commission (“CFTC”) and Department of Justice (“DOJ”) Fraud Section announced the settlement of insider trading fraud charges and...

The CFTC order requires Freeport to pay more than $91 million in civil and monetary penalties and disgorgement.