Corruption, Crime & Compliance

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General / Podcasts

9 Jun, 2026

What Compliance Functions Should You Automate First?

If you want to give your compliance team superpowers, then give them the power of automation. If your compliance program is still operating primarily through spreadsheets, emails, and manual tracking, regulators already view your program as ineffective. Modern compliance risks move too fast for manual systems. You need to have sanction screening, third-party monitoring, transaction testing, hotline analytics, policy certifications, and training program metrics. The...
General

8 Jun, 2026

The Dangers of AI Inaccuracy — Why Human Verification Is Non-Negotiable

Let me say something that the technology industry does not say loudly enough. Artificial intelligence makes mistakes. Serious ones. And in high-stakes professional environments, those mistakes can cause real harm. Every interaction with Claude or ChatGPT comes with the same quiet disclaimer: “AI can make mistakes.” We have all seen it. Most of us scroll past it. We should not. That disclaimer is not boilerplate....
Events

8 Jun, 2026

NAVEX Webinar — From Compliance to Resilience: Rethinking Supplier Intake in a Volatile World

June 24, 2026 (UK) 2:00-2:45 PM PDT June 25, 2026 (US) 7:30 – 8:15 AM PDT Sign Up Here Supplier intake now plays a critical role in managing compliance and supply chain resilience amid tariffs, sanctions, geopolitical conflict, disrupted trade routes, and rising due diligence expectations. Join NAVEX and Michael Volkov for a practical discussion on identifying supplier risk earlier, documenting decisions, and strengthening oversight...
Podcasts

6 Jun, 2026

Episode 422 — The Adani OFAC Settlement and Red Flag Lessons Learned

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 Iran-related sanctions — specifically for causing U.S. financial institutions to process approximately $192 million in payments for liquified petroleum gas (LPG) that originated from Iran, not from Oman or Iraq as represented...
General

6 Jun, 2026

DOJ Announces New West Coast Health Care Fraud Strike Force

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. The initiative reflects DOJ’s ongoing commitment to coordinated, data-driven enforcement targeting fraud schemes involving federal health care programs, telemedicine, kickbacks, billing fraud, and emerging technology-enabled misconduct. The creation of the new Strike Force underscores several important trends:...

9 Jun, 2026

What Compliance Functions Should You Automate First?

If you want to give your compliance team superpowers, then give them the power of automation. If your compliance program is still operating primarily through spreadsheets, emails, and manual tracking, regulators already view your program as ineffective. Modern compliance risks move too fast for manual systems. You need to have sanction screening, third-party monitoring, transaction testing, hotline analytics, policy certifications, and training program metrics. The...

General

8 Jun, 2026

The Dangers of AI Inaccuracy — Why Human Verification Is Non-Negotiable

Let me say something that the technology industry does not say loudly enough. Artificial intelligence makes mistakes. Serious ones. And in high-stakes professional environments, those mistakes can cause real harm. Every interaction with Claude or ChatGPT comes with the same quiet disclaimer: “AI can make mistakes.” We have all seen it. Most of us scroll past it. We should not. That disclaimer is not boilerplate....

Events

8 Jun, 2026

NAVEX Webinar — From Compliance to Resilience: Rethinking Supplier Intake in a Volatile World

June 24, 2026 (UK) 2:00-2:45 PM PDT June 25, 2026 (US) 7:30 – 8:15 AM PDT Sign Up Here Supplier intake now plays a critical role in managing compliance and supply chain resilience amid tariffs, sanctions, geopolitical conflict, disrupted trade routes, and rising due diligence expectations. Join NAVEX and Michael Volkov for a practical discussion on identifying supplier risk earlier, documenting decisions, and strengthening oversight...

Podcasts

6 Jun, 2026

Episode 422 — The Adani OFAC Settlement and Red Flag Lessons Learned

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 Iran-related sanctions — specifically for causing U.S. financial institutions to process approximately $192 million in payments for liquified petroleum gas (LPG) that originated from Iran, not from Oman or Iraq as represented...

General

6 Jun, 2026

DOJ Announces New West Coast Health Care Fraud Strike Force

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. The initiative reflects DOJ’s ongoing commitment to coordinated, data-driven enforcement targeting fraud schemes involving federal health care programs, telemedicine, kickbacks, billing fraud, and emerging technology-enabled misconduct. The creation of the new Strike Force underscores several important trends:...

General

4 Jun, 2026

$275 Million Lesson: What Adani’s OFAC Settlement Teaches Us About Red Flags

Introduction: A Deal Too Good to Be True 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 and Iraq. It was a compelling deal. It was also, as OFAC’s May 18, 2026 enforcement release makes clear, a sanctions disaster hiding in...

General / Podcasts

4 Jun, 2026

How Do Undisclosed Relationships Turn Into Major Corruption Cases?

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. Conflicts of interest though are early warning signs for fraud, bribery, procurement manipulation, favoritism, and self-dealing. Weak disclosure systems allow undisclosed relationships, hidden ownership interests, and vendor manipulation. Effective programs require annual...

Podcasts

3 Jun, 2026

Episode 421 — The Dangers of AI Inaccuracy — Why Human Verification Is Non-Negotiable

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 enough. In this episode, Michael Volkov draws on his own extensive experience in compliance, white-collar defense, and corporate governance to examine the real and serious dangers of AI inaccuracy in high-stakes professional...

General

2 Jun, 2026

FTI Consulting’s $1.05 Million OFAC Settlement: You Cannot Do Indirectly What You Cannot Do Directly

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 firms. The enforcement action involves what might appear at first glance to be a technical violation — unpaid invoices routed through a law firm intermediary. But the compliance lessons embedded in...

General / Podcasts

2 Jun, 2026

Are Your Distributors Getting You Into Sanctions Trouble?

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 third party. The epsilon and elf enforcement matters, which I frequently speak about, demonstrate that companies get in trouble when they have weak distributor oversight, poor intermediary screening, inadequate beneficial ownership review,...