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