The regulator alleges the club was a crypto Ponzi scheme that raised bitcoins from investors around the world.
The company, Arthur J. Gallagher, said prosecutors are seeking information related to its insurance business in Ecuador.
Sports betting, marijuana ballot measures could add pressure on compliance pros, and Tyson Foods CFO arrest adds to governance challenges for the company's board. Also, German authorities search UBS offices in Russian oligarch probe.
The criminal investigation division at the tax-collection agency opened the probes as part of its work with Task Force KleptoCapture and continues to develop new leads, said the unit’s deputy chief.
French bank Société Générale SA promoted a veteran to be its new group chief risk officer, as the bank continues to navigate geopolitical uncertainties in Europe and a possible economic slowdown.
Leidos received dual subpoenas in recent months in connection with criminal investigations into potential foreign bribery and antitrust violations.
European Union officials have proposed a far-reaching ban on the sale of goods made with forced labor, a move that follows tough U.S. action that could spur companies of all sizes to increase scrutiny of their supply chains.
Crypto firms and advocacy groups likely face long odds to win their lawsuits aiming to remove crypto mixer Tornado Cash from the Treasury’s sanctions list, where it landed due to money-laundering allegations.
Credit Suisse appointed a former Goldman Sachs compliance executive as its new chief compliance officer, as the Swiss lender looks to move on from a period of scandals, hefty losses and executive turnover.
A company founded by a South African husband and wife to provide medical care for Congolese miners asked a U.S. judge for $50 million in restitution for the harm it said it suffered from a bribery scheme involving Glencore.
The tech company will be monitored by a compliance professional after the Justice Department said Google lost data sought in a U.S. investigation.
The former employee said she was fired for raising concerns about whether the bank had violated the terms of settlements with U.S. agencies.
The letter to Attorney General Merrick Garland comes after a top Justice Department official said data showed a decline in corporate criminal prosecutions.
Cfius, the panel that reviews foreign investment in the U.S. for national-security concerns, has its first-ever enforcement guidelines.
