Region: United States of America

DOJ’s PDVSA joint venture case grows

Federal prosecutors in Miami have accused Venezuela-based businessman Natalino D’Amato of bribing officials at two of PDVSA’s joint ventures.

30 November 2020

Deutsche Bank at odds with external monitors over Russian expansion plans

27 November 2020

Ex-KPMG partner asks to avoid prison in fraud case

Former accountant Thomas Whittle says he deserves to avoid prison for helping prosecutors convict two individuals over a scheme to illicitly obtain confidential information from a US accounting regulator.

26 November 2020

Ex-Deutsche Bank traders challenge DOJ’s spoofing loss calculations

Two convicted former traders say a new method used by the DOJ to calculate losses caused by spoofing may dramatically increase their potential sentences.

26 November 2020

Ex-Citgo manager questions DOJ’s instrumentality argument

A foreign bribery case has focused on whether an employee of PDVSA’s US subsidiary is a government official under the FCPA.

25 November 2020

Counsel Watch: Goldman lawyers up in sexual misconduct case

In the latest counsel watch, a UK-based mining company with links to Russia has retained forensic investigators to investigate historic conduct and Goldman Sachs has hired Kaplan Hecker & Fink to help stave off allegations it covered up sexual misconduct.

25 November 2020

JPMorgan slapped with $250 million fine over compliance issues

The US Treasury’s Office of the Comptroller of the Currency handed JPMorgan Chase Bank a $250 million penalty over internal controls and audit failures.

24 November 2020

World Bank appoints new investigations director

The World Bank’s Integrity Vice Presidency has hired a new investigations director more than three years after the previous one left.

24 November 2020

Prosecutors rebuff Theranos founder’s privilege claim over company documents

US prosecutors have argued that Elizabeth Holmes, who founded medical device startup Theranos, cannot shield documents prepared by the company’s former lawyers from being presented at her upcoming fraud trial.

24 November 2020

DOJ’s increasingly aggressive wire fraud theories irk lawyers

US legal experts have commended a judge for striking out wire fraud charges in an emissions cheating case. Lawyers say the DOJ is repeatedly going too far with its wire fraud theories.

23 November 2020

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