Tagged: Oracle recidivist

Episode 253 — A Deep Dive into the Oracle SEC FCPA Settlement

Episode 253 — A Deep Dive into the Oracle SEC FCPA Settlement

Oracle Corporation settled its second FCPA case in ten years. It agreed to pay the SEC $23 million to resolve allegations that its subsidiaries in Turkey, India and the United Arab Emirates maintained slush funds to bribe foreign officials. Ten years ago in 2012, Oracle paid the SEC $2 million for creating millions of dollars in off-the-books accounts at its India subsidiary. Join Michael Volkov...