In 2020, Asante Berko settled his FCPA case with the SEC by agreeing to pay $329,000. In November of 2022, Berko arrived in London at Heathrow Airport and he was arrested. Berko had no idea that he had been indicted back in 2020 and the indictment remained under seal until he arrived, two years later, at Heathrow Airport. Berko was charged with conspiring with two...
Last week, DOJ announced the indictment of two former Herbalife executives in China for participating in a bribery scheme over a ten-year period. Herbalife, a multi-level marketing company, was not charged and its investigation is ongoing. The criminal; indictment, which was returned in the Southern Dustrict of New York, charges Yangling Li, aka Jerry Li, and Hongwei Yang, aka Mary Yang. Li was the former...
Lawrence Hoskins, a UK citizen and former Alstom executive, was convicted last Friday on 11 of 12 counts for his role in a bribery scheme involving Indonesian officials. Hoskins conviction took years to secure because of jurisdictional challenges and appeals. Hoskins was originally indicted in 2013. Alstom itself settled FCPA charges at the end of 2014 and agree to pay roughly $770 million. Three other...
