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Rise in FCPA Prosecutions Will Continue for Years, Says Former Top Enforcement Official
printThe rise in U.S. prosecutions of companies that bribe foreign officials won't likely plateau for another four or five years, when European countries are expected to further clamp down on the crime, according to William Jacobson, the former assistant chief for the Fraud Section of the Justice Department's Criminal Division. Enforcement of anti-bribery laws, like the U.S. Foreign Corrupt Practices Act (FCPA), will eventually become more multinational, according to Jacobson, who directly assisted Deputy Chief Mark Mendelsohn in prosecuting large foreign companies for bribery violations, including Siemens AG. Since 2006, FCPA prosecutions have jumped from 10 or fewer cases filed...
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