Weekly Roundup: DOJ Announces Largest Ever FCPA Investigation of Individuals, CFATF Publishes Nicaragua Evaluation, and More

Investigations of military personnel for money laundering and bribery have steadily risen in the past year, and this week proved that the trend is not slowing. On Tuesday, the U.S. Justice Department said it had indicted 22 employees of military and law enforcement products companies for Foreign Corrupt Practices Act (FCPA) violations. Investigators said that the defendants allegedly bribed sales agents they believed represented the Minister of Defense of an unidentified African nation and laundered related funds. According to court documents, the defendants agreed to pay a 20 percent commission to the sales agent in order to obtain a portion...