Emerging FCPA Enforcement Strategy

Law360, New York (February 16, 2010) -- On Jan. 18, 2010, FBI agents arrested 22 executives and employees of 16 companies as a result of "the largest action ever undertaken by the Justice Department against individuals" for violations of the Foreign Corrupt Practices Act, a federal anticorruption statute that generally outlaws the practice of bribing foreign officials in order to obtain or retain business.

The indictments resulted from a complex sting operation described by Assistant Attorney General Lanny A. Breuer as "the first large-scale use of undercover law enforcement techniques to uncover FCPA violations."

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Published In: General Business Updates, Criminal Law Updates, International Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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