The Department of Justice (“DOJ”) continues to expand its aggressive health care fraud enforcement efforts with the announcement of a new West Coast Health Care Fraud Strike Force....more
6/8/2026
/ Analytics ,
Anti-Kickback Statute ,
Artificial Intelligence ,
Centers for Medicare & Medicaid Services (CMS) ,
Department of Health and Human Services (HHS) ,
Department of Justice (DOJ) ,
Digital Health ,
Enforcement Actions ,
False Claims Act (FCA) ,
Healthcare Fraud ,
Medicaid ,
Medicare ,
Private Equity ,
Telemedicine
On May 18, 2026, the U.S. Treasury's Office of Foreign Assets Control (OFAC) announced that Adani Enterprises Limited (AEL), an India-based multinational, agreed to pay $275 million to settle 32 apparent violations of...more
When Adani Enterprises Limited (AEL) entered the liquified petroleum gas (LPG) market in 2023, it needed a competitive edge. It found one — a Dubai-based supplier offering meaningfully discounted LPG, purportedly from Oman...more
6/4/2026
/ Compliance Monitoring ,
Corporate Counsel ,
Due Diligence ,
Economic Sanctions ,
Enforcement Actions ,
Imports ,
Iran ,
Maritime Transport ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Penalties ,
Risk Management ,
Sanctions ,
Supply Chain ,
U.S. Treasury
The biggest cases of corruption and fraud often have their roots in the soil of conflicts of interest. Many major corruption cases begin with something companies initially dismiss as just a conflicts issue....more
6/4/2026
/ Anti-Corruption ,
Audits ,
Bribery ,
Compliance Management Systems ,
Compliance Monitoring ,
Conflicts of Interest ,
Corporate Governance ,
Corruption ,
Disclosure Requirements ,
Due Diligence ,
Fraud ,
Internal Controls ,
Policies and Procedures ,
Procurement Guidelines ,
Third-Party Risk ,
Transparency
The Office of Foreign Assets Control delivered a pointed lesson in sanctions compliance this week with the announcement of a $1,050,000 settlement with FTI Consulting, Inc., one of the world’s most prominent business advisory...more
6/3/2026
/ Compliance Management Systems ,
Compliance Monitoring ,
Cross-Border Transactions ,
Due Diligence ,
Economic Sanctions ,
Enforcement Actions ,
Invoices ,
Office of Foreign Assets Control (OFAC) ,
Penalties ,
Professional Services Companies ,
Risk Management ,
Sanction Violations ,
Sanctions ,
Third-Party Risk ,
Third-Party Service Provider ,
U.S. Treasury
Artificial intelligence tools remind us every day that they can make mistakes — but in the rush to embrace AI's extraordinary capabilities, the professional and compliance communities are not taking that warning seriously...more
Are you ready to navigate the risky waters of third-party pirates? Most sanctions violations do not happen because companies intentionally want to evade and violate sanctions. They happen because companies trust the wrong...more
6/2/2026
/ Beneficial Owner ,
Compliance Monitoring ,
Due Diligence ,
Economic Sanctions ,
Office of Foreign Assets Control (OFAC) ,
Regulatory Oversight ,
Risk Assessment ,
Risk Management ,
Sanction Violations ,
Sanctions ,
Suppliers ,
Supply Chain ,
Third-Party Risk ,
Third-Party Service Provider ,
U.S. Treasury
The Department of Justice has announced a new West Coast Health Care Fraud Strike Force, signaling an expansion of federal enforcement efforts targeting health care fraud, telemedicine schemes, kickback arrangements, and...more
Recent insider trading charges connected to Polymarket highlight the Department of Justice and Commodity Futures Trading Commission’s evolving enforcement strategy toward prediction markets and digital trading platforms. In...more
The European Union has formally approved its landmark Anti-Corruption Directive, creating the first comprehensive EU-wide anti-corruption framework. In this episode, Michael Volkov examines the Directive’s major provisions,...more
The Justice Department’s Antitrust Division has struck a major blow against international cartel conduct with a historic superseding indictment charging four of the world’s largest shipping container manufacturers and seven...more
5/28/2026
/ Antitrust Division ,
Antitrust Litigation ,
Antitrust Violations ,
Cartels ,
China ,
Compliance ,
Compliance Management Systems ,
Corporate Counsel ,
Corporate Governance ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement Actions ,
International Trade ,
Popular ,
Price-Fixing ,
Sherman Act ,
Supply Chain ,
White Collar Crimes
Venezuela is a tempting new business arena. Many companies assume that Venezuela remained completely off limits. That is no longer accurate, the compliance risks are actually increasing....more
5/28/2026
/ Cross-Border Transactions ,
Economic Sanctions ,
Foreign Investment ,
Foreign Policy ,
General Licenses ,
Minerals ,
Mining ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Regulatory Requirements ,
Reporting Requirements ,
Risk Management ,
SDN List ,
U.S. Treasury ,
Venezuela
The European Union has taken a historic step in the global fight against corruption. The Council of the European Union formally adopted the EU’s first comprehensive Anti-Corruption Directive, creating a harmonized framework...more
5/27/2026
/ Anti-Bribery ,
Anti-Corruption ,
Corporate Counsel ,
Corporate Liability ,
Corruption ,
Cross-Border Transactions ,
Due Diligence ,
Enforcement ,
Enforcement Actions ,
EU ,
EU Directive ,
New Legislation ,
Penalties ,
Regulatory Reform ,
Risk Assessment ,
Risk Management ,
Sanctions ,
Whistleblowers
What if you worked at a company where whistleblowers were rewarded? An internal investigation is often the result of a whistleblower concern....more
5/26/2026
/ Anti-Retaliation Provisions ,
Best Practices ,
Compliance Management Systems ,
Compliance Monitoring ,
Corporate Culture ,
Corporate Governance ,
Corporate Misconduct ,
Department of Justice (DOJ) ,
Ethics ,
Internal Investigations ,
Investigations ,
Retaliation ,
Risk Management ,
Speak-up Cultures ,
Whistleblower Protection Policies ,
Whistleblowers
Federal prosecutors and regulators are sending an unmistakable message to the rapidly growing prediction markets industry: insider trading, market manipulation, and misuse of confidential information will not be tolerated...more
5/26/2026
/ Anti-Money Laundering ,
Blockchain ,
CFTC ,
Compliance ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement Actions ,
FinTech ,
Fraud ,
Insider Trading ,
Market Manipulation ,
Regulatory Oversight ,
White Collar Crimes
In this episode of Volkov Law TV, Michael Volkov examines OFAC’s massive $275 million settlement with Adani Enterprises Limited arising from alleged imports of Iranian-origin LPG disguised as Omani and Iraqi product. The...more
The Justice Department unsealed a historic superseding indictment charging four of the world's largest shipping container manufacturers — CIMC, Singamas, Dong Fang, and CXIC — and seven senior executives for conspiring to...more
The $275 million OFAC settlement with Adani Enterprises Limited offers a powerful compliance roadmap for multinational companies involved in energy trading, shipping, commodities, logistics, and cross-border finance....more
5/21/2026
/ Anti-Money Laundering ,
Beneficial Owner ,
Compliance Management Systems ,
Cross-Border Transactions ,
Customer Due Diligence (CDD) ,
Due Diligence ,
Economic Sanctions ,
Enforcement Actions ,
Maritime Transport ,
Ocean Transportation System ,
Office of Foreign Assets Control (OFAC) ,
Penalties ,
Risk Management ,
Sanctions ,
Settlement Agreements ,
Third-Party Risk ,
U.S. Treasury
What if the C-suite handed you a gold-plated whistle and asked you to blow it? Here’s the uncomfortable truth. Most corporate scandals were discovered by employees long before management ever learned about it or acted....more
5/21/2026
/ Compliance Monitoring ,
Corporate Governance ,
Corporate Misconduct ,
Department of Justice (DOJ) ,
Employee Engagement ,
Ethics ,
Internal Investigations ,
Internal Reporting ,
Retaliation ,
Risk Management ,
Speak-up Cultures ,
Whistleblower Hotlines ,
Whistleblowers
On May 18, 2026, the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) announced a massive $275 million settlement with Adani Enterprises Limited (“AEL”) arising from alleged imports of Iranian-origin...more
5/20/2026
/ Compliance Monitoring ,
Due Diligence ,
Economic Sanctions ,
Enforcement Actions ,
Iran ,
Iran Sanctions ,
ITSR ,
Jurisdiction ,
Maritime Transport ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Popular ,
Risk Management ,
Sanctions ,
U.S. Treasury
Your company has uncovered a massive criminal scheme. You want to get out of it – you serve up the mastermind on a silver platter for the Justice Department prosecutors....more
5/19/2026
/ Compliance ,
Cooperation ,
Corporate Crimes ,
Corporate Misconduct ,
Criminal Investigations ,
Criminal Prosecution ,
Deferred Prosecution Agreements ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Internal Investigations ,
Non-Prosecution Agreements ,
Penalties ,
Self-Disclosure Requirements ,
White Collar Crimes
Your company uncovers a massive criminal scheme. Are you gonna go down with the ship or are you gonna grab onto the lifeboat that the Justice Department has sent your way?...more
The Department of Justice’s $549.5 million settlement with Perfectus Aluminum reflects a broader transformation underway in federal enforcement strategy: the False Claims Act is rapidly becoming one of DOJ’s most powerful...more
5/19/2026
/ Criminal Prosecution ,
Customs and Border Protection ,
Department of Justice (DOJ) ,
Enforcement Actions ,
False Claims Act (FCA) ,
Forced Labor ,
Imports ,
International Trade ,
Risk Management ,
Supply Chain ,
Tariffs ,
Uyghur Forced Labor Prevention Act (UFLPA) ,
Whistleblowers
The U.S. Department of Justice’s May 12, 2026 $549.5 million False Claims Act settlement with California-based Perfectus Aluminum represents one of the largest trade-related FCA recoveries in recent years and underscores a...more
5/18/2026
/ Anti-Dumping Duty ,
China ,
Countervailing Duties ,
Customs and Border Protection ,
Department of Justice (DOJ) ,
Enforcement Actions ,
False Claims Act (FCA) ,
Importers ,
Imports ,
National Security ,
Supply Chain ,
Tariffs ,
Whistleblowers
The Department of Justice’s $549.5 million False Claims Act settlement with Perfectus Aluminum marks one of the largest customs fraud recoveries in recent years and signals an aggressive new era of tariff enforcement. In this...more