Bribery Schemes – Article ( Articles ) Bribery Schemes (BS) Introduction BS are illegal practices that involve the exchange of money, goods, or services to influence the actions of an official or other person in a position of authority. These schemes can take many forms and can occur in various sectors, including government, business, and […]
Category: Bribery Schemes
Bribery Schemes pose a significant threat to ethical business practices and governance. Awareness and understanding of these schemes are essential for individuals and organizations to combat corruption effectively. Implementing robust compliance programs and fostering a culture of integrity can help mitigate the risks associated with bribery and promote fair practices in all sectors.
SEC-PR-2024-181 (11-20-24) SEC Charges Three Senior Executives in Two Actions Alleging Massive Bribery Scheme Involving Indian Energy Companies Adani Green and Azure Power – Adani Green’s note offering raised $175 million from U.S. investors while bribery scheme was in progress Excerpt: Washington D.C., Nov. 20, 2024 — The Securities and Exchange Commission today charged Gautam […]
SEC-LR-26170 (11-18-24) Auerbach et al. SEC Litigation Release No. 26170 / November 18, 2024 SEC Obtains Final Judgment Against Defendant for Receiving Kickbacks in Bribery Scheme Excerpt: The Securities and Exchange Commission announced that is has obtained final judgement against Lakenya Hopkins for her role in a promissory note selling scheme, falsely promising investors extraordinary […]