Corruption, Crime & Compliance

Featured Articles:

6 Jul, 2016

Conflicts Of Interest After the Yates Memorandum

As we continue to operate under the Yates Memorandum, a number of interesting and difficult issues are sure to develop surrounding internal investigations and individual culpability. Corporate internal investigations have to focus on all potentially culpable individuals. Many commentators have incorrectly suggested that the Yates Memorandum will not have an impact on corporate internal investigations and the Justice Department’s prosecution of individuals. These commentators are...

General

4 Jul, 2016

When Lawyers Get in the Way of Compliance

I hate to pick on lawyers. I have been practicing law for nearly 35 years. I have worked with and met a lot of lawyers, some great, some good and some not so good. Lawyers can sometimes be their own worst enemies. When lawyers engage in ‘territorial” battles, or controversies over petty issues, they always lose, no matter what the result. A confident professional will...

General

3 Jul, 2016

Happy 4th of July!!

Happy 4th of July to everyone! We are lucky and privileged to live in such a great country. I wish everyone a wonderful holiday with family and friends. All the best!!!

General

1 Jul, 2016

The Adnan Syed Case — New Trial Granted Based on Challenge to Cell Tower Data

The Volkov Law Group would like to applaud the efforts of its own Susan Simpson, as well as the rest of the Undisclosed: The State v. Adnan Syed team, for uncovering critical facts that led a Maryland Judge to grant Adnan Syed a new trial yesterday. Adnan Syed, whose story inspired the now-famous podcast Serial (and subsequently the Undisclosed podcast), was convicted of the 1999 murder,...

General

29 Jun, 2016

Analogic FCPA Settlement – From Russia With(out) Love

Analogic Corp. and its Danish subsidiary, BK Medical ApS, settled an FCPA enforcement action last week with the Justice Department and the SEC for approximately $14 million. Analogic agreed to pay $3.4 million to the Justice Department as part of a non-prosecution agreement (NPA), and paid the SEC approximately $11.4 million in disgorgement and interest. Lars Frost, a former CFO at BK Medical, settled an...

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28 Jun, 2016

Convergence of Audit and Compliance Functions

Humans have a tendency to make things more complicated than they really are. To capture the flavor of my sentiment, all you need to do is watch the beginning scenes of “History of the World, Part I” by Mel Brooks (Here) to see how simple life was in the early history of man. Returning to the serious subject of compliance, there are some who argue...

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27 Jun, 2016

The Only Thing You Have to Fear . . . Is No Documentation

Compliance is a profession that requires multi-tasking – another profound grasp of the obvious. But in the multi-tasking world, some principles and strategies are more important than others. My colleague and compliance guru Tom Fox has coined the mantra: “document, document and then make sure you document.” My contribution to this same mantra is along the same lines: “If you do not document, then in...

General

26 Jun, 2016

Guest Post from Patrick Henz — Compliance Indicators

I am proud to introduce Patrick Henz, a well-known compliance professional, as a guest contributor today. Patrick discusses measurements of corruption and appropriate compliance responses. Patrick can be reached at [email protected]. Most compliance presentations and documents mention at some point the Transparency International Corruption Perception Index (CPI), as it is by far the best known corruption index. Of course, unlike weight, temperature or time,...

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22 Jun, 2016

Compliance Reminder — DOJ Announces Largest Healthcare Fraud Takedown

Jacqui Merrill, an Associate at The Volkov Law Group, rejoins us for a posting on DOJ’s largest healthcare fraud takedown. Jacqui’s profile is here and she can be reached at [email protected]. On Wednesday, June 22, 2016, the DOJ announced the largest nationwide heath care fraud takedown in history, which resulted in criminal and civil charges against 301 individuals for alleged participation in health care fraud...

General

21 Jun, 2016

Con Men, Criminals, and Compliance

What does it take (or not take) to be a con artist and/or a white collar criminal? Do not kid yourself — white collar criminals can be “dangerous,” in that they usually suffer from significant personality disorders. Many are narcissists and sociopaths and are constantly engaging in manipulation, financial schemes, and inflicting harm to victims. We all the know the legendary white collar scandals –...