Fraud Archives - The Compliance Lady

Bribes for Jobs: A lesson from Tata’s Corrupt Recruitment Division

June 27, 2023August 23, 2023The Compliance Lady

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Embezzlement Fraud UAE

UAE law firm staff jailed in $50M fraud & money laundering scheme

April 7, 2022August 23, 2023The Compliance Lady

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CONFLICTS OF INTEREST DOJ Fraud IRS Procurement

Fraud: Former Nike Marketing Manager Sentenced in Scheme Against Company

August 4, 2021August 12, 2021The Compliance Lady

A former marketing manager at Nike, Inc. has been sentenced to more than two-and-a-half years in federal prison this week for a scheme to commit fraud against the company and his childhood friend.

Fraud OECD Professional Enablers TAX EVASION

Cracking down on Professional Enablers- 2021 OECD Report

March 8, 2021March 8, 2021The Compliance Lady

Tax evasion, bribery, corruption, money laundering, fraud, sanction evasion and other white collars crimes are often facilitated by lawyers, accountants, financial institutions and other “professional enablers”. A new OECD report sheds light on the extent on…Continue readingCracking down on Professional Enablers- 2021 OECD Report

Banking BRIBERY Commodities trading DOJ FCPA Fraud Kickbacks Saudi Arabia SEC UAE

Deutsche Bank fined over $130M to Resolve Bribery and Fraud Violations

January 9, 2021January 9, 2021The Compliance Lady

Deutsche Bank has agreed to pay US authorities nearly $130M and entered into a DPA to resolve allegations that it breached bribery and fraud laws. A network of consultants in the UAE and Saudi Arabia were…Continue readingDeutsche Bank fined over $130M to Resolve Bribery and Fraud Violations

Airlines Aviation Fraud Reputational Damage

Boeing to pay over $2.5B for ‘conspiracy to defraud the US’ over 737 MAX

January 8, 2021January 8, 2021The Compliance Lady

Boeing has been slapped with a whopping $2.5 billion fine to settle criminal charges with the U.S. Justice Department. The aircraft manufacturer has been accused of defrauding the United States by concealing information about its 737 Max…Continue readingBoeing to pay over $2.5B for ‘conspiracy to defraud the US’ over 737 MAX