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U.S. Sets Sights on Individuals for FCPA Infractions
By Larissa Bernardes
printThe conviction of a former U.S. congressman on corruption charges is more than just another public scandal, say white-collar crime analysts. It's a sign that the United States is increasingly willing to levy a 1977 anti-bribery law against individuals, they say. The U.S. Justice Department has routinely used the Foreign Corrupt Practices Act (FCPA) in the past ten years against corporations that pay bribes to foreign officials to secure lucrative business deals. Department officials have cited 120 cases currently underway, compared to three convictions that listed the FCPA as a primary charge in 2003. Investigators have historically focused on corporations...
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