Tagged: Fraud declination

DOJ Awards Declination to Proterial Cable America for Fraud — Proterial Pays $15.1 Million in Disgorgement

DOJ Awards Declination to Proterial Cable America for Fraud — Proterial Pays $15.1 Million in Disgorgement

DOJ is pushing hard for voluntary disclosures and urging companies to take advantage  of its Voluntary Disclosure Program.  The carrot is significant — a declination in exchange for cooperation, remediation and disgorgement. We often hear about the benefits of voluntary disclosure involving FCPA case.  But the program extends to other crimes — fraud being a significant area. In a significant fraud case, Proterial Cable America,...