Cinnaminson, NJ- Per FCPA, two companies to agree to SEC non-prosecution agreements. Akami Technologies (MA) and Nortek Inc. (RI) have both faced unconnected allegations of ill-gotten gains from bribery of Chinese subsidiaries. The companies are agreeing to forfeit $652,452 and $291,403, respectively, for confession to bribing and
Read more →Cinnaminson, NJ- The joint DOJ-IRS-New York Inspector General investigation of bid rigging and fraud within the New York Power Authority ciation has charged its fourth individual. John Simonlacaj of White Plains, NY confessed to a one-count felony charge of aiding NYPA authorities in filing a false tax
Read more →Cinnaminson, NJ- Genentech Inc. (San Francisco, CA) and OSI Pharmaceuticals LLC (Farmingdale, NY) are to jointly pay $67 million following allegations of distorting effectiveness of a drug under the False Claims Act. The drug, Tarceva, was endorsed by both companies for its treatment of non-small cell lung
Read more →Cinnaminson, NJ- Hitachi Chemical, of an ongoing investigation into bid rigging and price fixing, has reached a next step in its plea agreement. The company is the majority supplier of electrolytic capacitors to American automotive companies but has come under investigation for market fixture so as to
Read more →Cinnaminson, NJ- Assistant Attorney General, Leslie R. Caldwell, spearheads Criminal Division’s efforts to re-strategize ways to investigate and combat cybercrime. A wholly international, and extremely passive, realm of crime, Caldwell advocates for cooperation from all fields- researchers, officials, officers, and more- to best protect Americans from cybercrime.
Read more →Cinnaminson, NJ- Nashville-based Hope Advisors Inc. and CEO, Karen Bruton, facing allegations of fraudulent fee collection per SEC. Although no conviction has been made, the company is currently facing a freezing of $7 million in assets while investigation ensues. The original article is reproduced below with its
Read more →Cinnaminson, NJ– New York-based consulting firm, Deloitte, has agreed to pay $11.38 million in reparations for failure to lower its prices per General Service Administration (GSA) contracting, costing government consumers millions from 2006-2012. The article is reproduced below with the original link following. Deloitte Consulting LLP
Read more →http://cartelcapers.com/blog/hitachi-chemical-plea-agreement-part-1-enhancement-compliance-program-condition-probation/
Read more →Cinnaminson, NJ- Ex-government contractor pleads guilty to bribing two public officials for work his company contracted for the General Service Administration (GSA). Moustafa, Ahmed, Ibrahim, 37, bribed two building managers in the Washington, D.C. metro area for over $200,000 in awarded construction and maintenance work. Ibrahim’s hearing
Read more →
Corning International Kabushiki Kaisha (“Corning International KK”), based in Tokyo, has been charged with participation in a twelve-year-long conspiracy to rig bids, fix prices, and allocate sales of ceramic substrates used in the manufacture of catalytic converters. Corning International KK has agreed to plead guilty, to cooperate
Read more →