Tagged: criminal FCPA

DOJ Charges Two Herbalife Executives with Criminal FCPA Violations

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...

Alstom Executive Convicted on FCPA and Money Laundering Violations

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...