Archive

Constantine Cannon Announces a $900,000 Whistleblower Settlement With Luxury UK e-Retailer

By the C|C Whistleblower Lawyer Team Constantine Cannon LLP is pleased to announce a more than $900,000 settlement on behalf of its whistleblower client in a lawsuit against Pure Collection Ltd. Pure Collection is a Harrogate, England-based e-retailer of luxury cashmere and apparel goods. The United States Government announced the settlement agreement yesterday with Pure Collection and the e-retailer's acting...

Japan Considering Greater Protections for Whistleblowers

By the C|C Whistleblower Lawyer Team As reported in the Nikkei Asian Review, the Japanese government is looking "to bolster protections for corporate whistleblowers in an effort to create greater deterrence against the likes of systemic cheating and wrongdoings that have surfaced one after another in recent years."  The push for greater whistleblower protections is being made by the Consumer Affairs Agency, the...

Thai Police Arrest Suspected Ring Leader of Wildlife Trafficking Syndicate

By the C|C Whistleblower Lawyer Team Boonchai Bach, who is suspect of fueling Asia’s illegal wildlife trade for the better part of a decade, was arrested last week in connection with the smuggling of 14 rhino horns from Africa to Thailand. This arrest stemmed from the detention of a government official at Bangkok’s Suvarnabhumi Airport, along with a Chinese smuggler and a Vietnamese courier, transporting the...

Top-5 Foreign Corrupt Practices Act (FCPA) Settlements for 2017

Here is our look-back at the top-5 Foreign Corrupt Practices Act (FCPA) settlements for 2017. Click here for a chronological listing of all DOJ fraud recoveries for 2017.

1. Telia Company AB -- The Stockholm-based company and its Uzbek subsidiary Coscom LLC agreed to pay a combined total penalty of more than $965 million to resolve charges of violating the Foreign Corrupt...

Real Estate Broker Pleads Guilty in Foreign Bribery Scheme Involving $800 Million Real Estate Deal

By the C|C Whistleblower Lawyer Team A New Jersey real estate broker pleaded guilty to violating the Foreign Corrupt Practices Act (“FCPA”) in connection with his efforts to bribe a foreign official for the purpose of securing a real estate deal. According to the Department of Justice, Joo Hyun, also known as Dennis Bahn, attempted in 2014 and 2015 to secure the sale of a building in Vietnam owned by Keangnam...

Recent Keppel Settlement Makes FCPA Top-10 List

By the C|C Whistleblower Lawyer Team As reported in FCPA Blog, the recent Foreign Corrupt Practices Act (FCPA) settlement with Keppel Offshore & Marine Ltd. broke through the Top-10 list of FCPA settlements on record. The company was assessed criminal penalties amounting to $422 million for the bribes it made to officials at the Brazilian state-owned oil company Petrobras and to the then-governing political party...

British Columbia: It’s Time for a Securities Whistleblower Program

By the C|C Whistleblower Lawyer Team The ever-increasing complexity of the securities markets is making fraud harder to detect and making whistleblowers more essential than ever before. With insider knowledge, whistleblowers can help enforcement officials detect fraud and apprehend fraudsters much quicker than otherwise. Whistleblowers who approach authorities take tremendous risk, including the risk of ruining their...

Singapore Shipping Company Pays Major FCPA Fine for Foreign Bribery

By the C|C Whistleblower Lawyer Team On Friday, the Department of Justice announced a major Foreign Corrupt Practices Act (FCPA) settlement with Keppel Offshore & Marine Ltd., a Singapore-based company that operates shipyards and repairs and upgrades shipping vessels, and its wholly owned U.S. subsidiary Keppel Offshore & Marine USA Inc. The companies agreed to pay a combined total penalty of more than $422 million...

Constantine Cannon LLP Recognized by National Law Journal

By the C|C Whistleblower Lawyer Team Constantine Cannon LLP recognized by National Law Journal for expansion of our whistleblower practice to London to represent increasing number of individuals from United Kingdom & European Union bringing tips under U.S. Securities and Exchange Commission whistleblower program.

Question of the Week -- Should other countries duplicate Nigeria’s whistleblower program?

By the C|C Whistleblower Lawyer Team The Nigerian government disclosed that it has paid awards to more than 20 whistleblowers since the anti-corruption program was enacted in December 2016. Kemi Adeosun, Nigeria’s Minister of Finance, released the numbers in response to allegations that Nigeria has not been paying whistleblower awards. Adeosun did not disclose how much has been paid to whistleblowers, but assured...