Switzerland’s financial regulator said it is spending a lot of its time fighting money laundering in offshore banks. It sanctioned a third Swiss private bank for dealings with Venezuelan «bolichicos».
El gobierno estadounidense pone cada vez más dinero sobre la mesa, para propiciar delaciones y capturas de jerarcas venezolanos. El sistema, según conocedores, se basa en ofertas públicas que incluso pueden ser litigadas. Michael Diaz, Jr., abogado especialista en casos penales de lavado de dinero, explica el proceso de entrega de recompensas.
Yamkela Makupula, Diaz Reus Africa CEO, shares her views on women and success with Assert Magazine.
Jaime Jácome de la Guardia, miembro de DRT International Law Firm & Alliance en Panamá, reflexiona sobre el marco regulatorio de la Dirección de Investigación Judicial de Panamá en un webinar organizado por el Colegio Nacional de Abogados de Panamá.
The Latin America Advisor’s latest video features Marta Colomar Garcia, administrative managing partner at Diaz Reus International Law Firm & Alliance, who spoke with editor Gene Kuleta on Sept. 25 about the future of U.S. sanctions on Latin American countries, including on Venezuela, Nicaragua and Cuba.
The U.S. District Court for the Southern District of New York has announced that jury trials can resume on Wednesday, Sept. 23 as part of phase three of their phased reopening plan.
According to a statement from Chief Judge Colleen McMahon in the Southern District of New York, they have prioritized the order of trials using agreed-upon criteria to select cases from among those for which trial dates were requested.
U.S. prosecutors allege that Javier Aguilar of Houston, who was previously charged in a sealed criminal complaint and arrested, made $870,000 in illicit payments to Ecuadoran officials so they would help him obtain a $300 million fuel-oil contract with Petroecuador.
A major U.S. asphalt company agreed to pay $16.6 million in fines while pleading guilty Tuesday to federal charges that it paid millions in bribes to officials in Brazil, Ecuador and Venezuela for almost a decade to win lucrative contracts.
The plea agreement by Sargeant Marine Inc. is part of a broader crackdown on corrupt dealings in South America’s commodities markets.
A Florida asphalt company will pay $16.6 million in connection with an agreement to plead guilty to paying bribes to state-owned oil companies in South America in exchange for access to government contracts, federal prosecutors in Brooklyn said Tuesday.
Sargeant Marine Inc. Pleads Guilty and Agrees to Pay $16.6 Million to Resolve Charges Related to Foreign Bribery Schemes in Brazil, Venezuela, and Ecuador
Sargeant Marine Inc., an asphalt company formerly based in Boca Raton, Florida, pleaded guilty to conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA) and agreed to pay a criminal fine of $16.6 million to resolve charges stemming from a scheme to pay bribes to foreign officials in three South American countries.
Un abogado que operaba en la compra-venta de propiedades lujosas estuvo en la mira de las autoridades de los Estados Unidos un año y medio antes de que la Justicia argentina avanzara en el caso.
By Diaz Reus. Fraudsters, money launderers, and corrupt government officials in Latin America (LATAM) have been running rampant, capitalizing on the coronavirus emergency. COVID-19 is posing unprecedented challenges to compliance professionals in LATAM, both in-house and external, for preventing, detecting, and reacting appropriately to compliance risks, especially in a remote working environment replete with financial strains, and massive surges in alerts caused by changes in the behavior of clients, employees and third parties.
Against this unprecedented backdrop, we present the following summary of recent compliance trends for organizations doing business in LATAM.