The FCPA's Increasingly Global Reach

Law360, New York (May 19, 2011, 3:17 PM EDT) -- On April 28, Flavio Ricotti, an Italian citizen residing outside of the U.S. and a former executive of California-based Control Components Inc. (CCI), pled guilty to a single count of conspiracy to violate the Foreign Corrupt Practices Act and the Travel Act.

He admitted to conspiring with other CCI employees to bribe employees of Saudi Aramco, the Saudi Arabian state-owned oil company, and conspiring to pay an unlawful commission to a private company employee in Qatar. Ricotti was charged in 2009, along with five other former...
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