Case Study: Haiti Teleco

Law360, New York (September 14, 2011, 1:51 PM EDT) -- On Aug. 4, 2011, in a Miami federal courtroom, a jury returned quickly with convictions of two former top executives of a Miami telecommunications company. The jury found that the defendants bribed officials of the state-owned telecommunications agency Haiti Teleco. The specific charges included seven counts of substantive Foreign Corrupt Practices Act violations, 12 counts of money laundering, and of course, the prosecutor’s best friend, conspiracy counts (one count of conspiracy to violate the FCPA and wire fraud statutes, and one count of money laundering conspiracy)....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.