Weekly Roundup: Vatican Bank Accused of Laundering, Iran Sanctions Closer, Manhattan DA Penalty Looms, and More

Political and corporate corruption kept the headlines busy this week after one Florida politician pleaded guilty to money laundering conspiracy charges and a Dow Jones survey revealed that some banks and companies have cancelled business plans over fears of becoming ensnarled by anti-corruption laws, such as the Foreign Corrupt Practices Act (FCPA). More On December 10, Josephus Eggelletion, a former vice-mayor of Broward County and Broward County Commissioner, pleaded guilty in a West Palm Beach court to money laundering conspiracy and filing a false tax return. Eggelletion admitted that he intentionally helped an undercover FBI agent launder money from a...