Do ethics and compliance have a price? Yep, and it varies depending on the scenario. But for this post, I am going to start my calculation at about $4.5 billion dollars. In 2015, Forbes Magazine put Ms. Elizabeth Holmes, founder and CEO of Theranos, on its list of the world’s richest self-made women with a…
Britain’s Serious Fraud Office is Serious About Punishing Corrupt Behavior (Even Those Who Can’t Pay Serious Fines) Britain’s Serious Fraud Office (SFO) has reached a deferred prosecution agreement with a “small to medium sized” company that as of this writing it cannot yet name. So for purposes of this post we will call that “small…
DOJ has been investigating hiring practices and accusing some U.S. companies of trading jobs and internships to obtain or retain international business…. check out below ABA article for some ideas to manage this risk. American Bar Association Business Law Today: Practical Steps to Mitigate Corruption Risks in Hiring
SCOTUS recently vacated former Virginia Governor’s conviction for corruption. Does this mean domestic corruption is a thing of the past – are corporations free to wine and dine government officials now? Can you hire the federal government employee who just awarded you a contract? Probably not but find out the details July…
Those in the ethics and compliance community and at the Department of Justice (DOJ) constantly chirp about the need for entities to have an ethics and compliance program which encourages not only compliance with laws, but ethical decision making. In fact, the Federal Sentencing Guidelines, the Federal Acquisition Regulations and other laws and regulations require…
The DC PTAC Small Business Summit will be an excellent opportunity for the D.C. business community to receive invaluable information on how to do business with D.C., Federal, and other state and local governments. Margaret Cassidy will speak on best practices in small business government contracting, how to protect yourself in a contract, how to…
Legal Requirements for an Organizational Ethics and Compliance Program June 16, 2016 9:00 am to 10:00 am; check-in begins at 8:30 am 1 ethics credit A number of laws and regulations require businesses and other types of organizations, such as trade associations and non-profits, to develop and operate an…
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Some Detroit Public School (DPS) leaders may learn about detention first-hand for allegedly taking kickbacks from a businessman selling school supplies to Detroit schools. According to the U.S. Department of Justice (DOJ), the owner of Allstate Sales (a business which sold school supplies to the Detroit schools) submitted fake invoices to some Detroit public…