The FTX Saga Continues On November 2, 2022, the news website CoinDesk published an article that left many people wondering just how solvent the cryptocurrency trading platform FTX truly was. With questions about other companies founded by FTX CEO Sam Bankman-Fried, many who held FTT, the platform’s cryptocurrency token, began selling their tokens. Within […]
Foreign Corrupt Practice Act (FCPA) enforcements so far in 2022 total $112.3 million in settlements with three companies: South Korea’s KT Corporation, Stericycle, Inc. headquartered in Illinois, and in June, Luxembourg steel pipe manufacturer Tenaris. Stericycle numbers climbed to over $82 million in combination with settling parallel criminal and civil charges to the US and […]
Ongoing global business connections provide great benefits, but also conceal great risks. This has led to increased cooperation between corporations and multi-national government agencies to uncover FCPA violations.
Investors play a key role in the success of many businesses. They invest their capital into your business to provide the money necessary to fund your ideas, visions, plans, and products. By doing so, they allow new businesses to start or existing businesses to grow and flourish. At the same time, they are taking on […]
Global supply chains are often taken for granted when businesses expand nationally and internationally. Supply-chain vendors are often selected as quickly as possible to keep the movement of goods and supplies or manufacturing capabilities moving rapidly and at a reasonable cost. So, what does a company need to do to mitigate risk in its supply chain?
There are times when non-profits fail to live up to their mission statement and stray into unethical or illegal activity such as mismanagement, fraud, or embezzlement. Additionally, non-profit executives may have a history of financial crimes, abuse or sexual harassment, amongst other harmful characteristics...
