Foreign Practices Corruption Act News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Part of the advantage of doing business in kazakhstan, georgia and other places, that laws there aren't necessarily going to ever catch you doing stuff like this? what is the liability as american company doing this? >> it is against american law for an american company to facilitate money laundering tied to bank fraud in another country. if that's what happened here, that's against the u.s. law. if there is bribery of foreign officials and an american company was part of the scheme, that would be against the foreign practices corruption act. there is enormous risk in legal terms but it is ver...

They said they were never found guilty but others would say they were never found guilty because the kazakhs agreed to a settlement and agreed to drop all criminal charges. >> is part of the advantage in kazakhstan, georgia and other places, that laws there aren't necessarily going to ever catch you for doing stuff like this? what is it as an american company? >> it is against american law for an american company to facilitate money laundering tied to bank fraud in another country. and so if that is what happened here, that's against the u.s. law. if there's bribery of foreign officials, and a...

Who gave the money to trump.atd people who gave the money to trump. were the people who gave the money to trump. they were part of the scheme. they said they were never found guilty but others would say they were never found guilty because the kazzics agreed to a settlement and agreed to drop all criminal charges. >> is part of the add van tack in kazakhstan, georgia aej other places, that laws there aren't necessarily going to ever catch you toing this. what is it as an american company? >> it is against american law for an american company to facilitate money larnding tied to bank fraud in a...