International Whistleblower & Foreign Currupt Practices Act Information

International Whistleblower Rewards and Exposing International Illegal Bribe Schemes

by The Law Offices of Jason S. Coomer, PLLC

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Large Multinational Corporations are Offering Illegal Bribes to Latin American Government Officials including Contract Bribes and Construction Bribes for Procurement Contracts and Public Work Projects by Latin America Contract Bribe Whistleblower Reward Lawyer, Latin America Contract Bribe Lawyer, & Latin America Foreign Corrupt Practices Act Violation Lawyer Jason S. Coomer

Multinational corporations that offer illegal bribes and kickbacks to obtain business and large international contracts are the target of several new anti-bribery and whistleblower reward bounty action laws that have been passed around the World.  In the United States new whistleblower reward bounty actions have been enacted to encourage professionals and other people with specialized knowledge of illegal international contract bribes, illegal kickbacks to foreign government officials, false accounting statements to investors, and other Foreign Corrupt Practices Act violations to report illegal activity.  The bounty actions offer large financial rewards as well as protection to Mexican whistleblowers, multinational corporation employee whistleblower, and other whistleblowers that expose government corruption. 

To explore a potential anonymous and confidential bounty action regarding Mexican official illegal bribes, kickbacks, and/or other illegal acts, please feel free to contact Latin America Contract Bribe Lawyer, Central America Government Official Bribe Lawyer, Latin America Illegal Kickback Lawyer, and Latin America Foreign Corrupt Practices Act Bounty Action Lawyer Jason Coomer via e-mail message or use our submission form to contact us regarding a potential Latin America Contract Bribe Bounty Action, Latin America Government Official Bribe Whistleblower Lawsuit, Latin America SEC Foreign Corrupt Practices Act Whistleblower Bounty Action, Central America Corporate Fraud Whistleblower Reward Lawsuit, or Multinational Corporation Illegal Act Bounty Action.    

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Many large multinational corporations that do business in Mexico, Central America, South America, and Latin America are using illegal bribes and kickbacks to government officials to obtain large contracts in several business sectors.  These corrupt multinational corporations use these illegal bribes and kickbacks to Mexican government officials to unfairly compete with other corporations to obtain large contracts in Mexico at increased costs, to avoid environmental concerns, to avoid safety issues, and to avoid safe building standards.  In other words, by bribing high level Mexican political government officials and or low level Mexican government officials in key government offices, corrupt multinational corporations can provide low quality and often dangerous construction projects, oil & mining exploration, defective products, and inferior services for inflated costs.  These corrupt business practices are most common in the following business sectors: public works contracts, construction contracts, oil & gas contracts, heavy manufacturing contracts, mining contracts, pharmaceutical contracts, and health care contracts.

To explore a potential anonymous and confidential bounty action regarding Mexican official illegal bribes, kickbacks, and/or other illegal acts, please feel free to contact Mexico Contract Bribe Lawyer, Mexican Government Official Bribe Lawyer, Mexico Illegal Kickback Lawyer, and Foreign Corrupt Practices Act Bounty Action Lawyer Jason Coomer via e-mail message or use our submission form to contact us regarding a potential Mexico Contract Bribe Bounty Action, Mexican Official Bribe Whistleblower Lawsuit, Latin America SEC Foreign Corrupt Practices Act Whistleblower Bounty Action, Central America Corporate Fraud Whistleblower Reward Lawsuit, or Multinational Corporation Illegal Act Bounty Action.    

Latin America Foreign Corrupt Practices Act Violation, Contract Bribe FCPA Bounty Action, Mexican Official Illegal Kickback Bounty Action, Mexico Foreign Corrupt Practices Act Violation Bounty Action, Mexico Construction Contract Illegal Kickback Whistleblower Reward Lawsuit, and Mexico Whistleblower Reward Lawsuit Information

The Foreign Corrupt Practices Act (FCPA) prohibits the offer or making of payments or giving anything of value, either directly or indirectly, to any foreign official, political party or political candidate, or public international organization to obtain or maintain business when the offer, payment or gift is intended to influence a desired action; induce an act in violation of a lawful duty; cause a person to refrain from acting in violation of a lawful duty; secure any improper advantage; or influence the decision of a government or instrumentality.  These prohibitions preclude payments were unlawful under the laws of the country in which payment was made; payments that are not legitimate expenses directly related to the promotion, demonstration or explanation of the company’s product or services; and payments that are not made in accordance with a contract between the company and a foreign entity.  These prohibitions also include third party actions where the company knows that a payment or a gift will be provided to a government official or agency for the purpose of obtaining a contract or business. 

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Latin America (Spanish: América Latina or Latinoamérica; Portuguese: América Latina; French: Amérique latine) is a region of the Americas where Romance languages (i.e., those derived from Latin) – particularly Spanish and Portuguese, and variably French – are primarily spoken. Latin America has a population estimated at more than 590 million and a combined GDP at 5.16 trillion United States dollars (6.27 trillion at PPP).  Latin America includes the following countries: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama,  Paraguay, Peru, Uruguay, and Venezuela.  Further, Mexico City Mexico, São Paulo Brazil, Buenos Aires Argentina, Rio de Janeiro Brazil, Santiago Chile, Bogotá Colombia, Brasilia Brazil, Lima Peru, Monterrey Mexico, and Guadalajara Mexico are the largest metropolitan cities in Latin America.

As international trade continues to increase, large foreign corporations are aggressively competing to enter into many Latin American Countries.  This fierce competition often results in illegal bribes to government officials, illegal kickbacks, fraud, and other illegal actions. 


SEC Charges Alcatel-Lucent With FCPA Violations

Company to Pay More Than $137 Million to Settle SEC and DOJ Charges

The Securities and Exchange Commission charged Paris-based telecommunications company Alcatel-Lucent, S.A. with violating the Foreign Corrupt Practices Act (FCPA) by paying bribes to foreign government officials to illicitly win business in Latin America and Asia.

The SEC alleges that Alcatel’s subsidiaries used consultants who performed little or no legitimate work to funnel more than $8 million in bribes to government officials in order to obtain or retain lucrative telecommunications contracts and other contracts. Alcatel agreed to pay more than $45 million to settle the SEC’s charges, and pay an additional $92 million to settle criminal charges announced today by the U.S. Department of Justice.

“Alcatel and its subsidiaries failed to detect or investigate numerous red flags suggesting their employees were directing sham consultants to provide gifts and payments to foreign government officials to illegally win business,” said Robert Khuzami, Director of the SEC’s Division of Enforcement. “Alcatel’s bribery scheme was the product of a lax corporate control environment at the company.”

Glenn S. Gordon, Associate Director for Enforcement in the SEC’s Miami Regional Office, added, “The serious sanctions Alcatel has agreed to, including paying back all net profits made on the contracts Alcatel illegally obtained, should serve as a reminder that we are committed to enforcing the FCPA and a level playing field for companies seeking to obtain or retain business in other countries.”

According to the SEC’s complaint filed in the Southern District of Florida, Alcatel’s bribes went to government officials in Costa Rica, Honduras, Malaysia, and Taiwan between December 2001 and June 2006. An Alcatel subsidiary provided at least $14.5 million to consulting firms through sham consulting agreements for use in the bribery scheme in Costa Rica. Various high-level government officials in Costa Rica received at least $7 million of the $14.5 million to ensure Alcatel obtained or retained three contracts to provide telephone services in Costa Rica.

The SEC alleges that the same Alcatel subsidiary bribed officials in the government of Honduras to obtain or retain five telecommunications contracts. Another Alcatel subsidiary made bribery payments to Malaysian government officials in order to procure a telecommunications contract. An Alcatel subsidiary also made illegal payments to various officials in the government of Taiwan to win a contract to supply railway axle counters to the Taiwan Railway Administration.

According to the SEC’s complaint, all of the bribery payments were undocumented or improperly recorded as consulting fees in the books of Alcatel’s subsidiaries and then consolidated into Alcatel’s financial statements. The leaders of several Alcatel subsidiaries and geographical regions, including some who reported directly to Alcatel’s executive committee, either knew or were severely reckless in not knowing about the misconduct.

The SEC’s complaint charges that Alcatel violated Section 30A of the Securities Exchange Act of 1934 by making illicit payments to foreign government officials, through its subsidiaries and agents, in order to obtain or retain business. Alcatel violated Section 13(b)(2)(B) of the Exchange Act by failing to have adequate internal controls to detect and prevent the payments. Alcatel violated Section 13(b)(2)(A) of the Exchange Act by improperly recording the payments in its books and records. Alcatel violated Section 13(b)(5) of the Exchange Act when its subsidiaries knowingly failed to implement a system of internal controls and knowingly falsified their books and records to camouflage bribes as consulting payments. Without admitting or denying the SEC’s allegations, Alcatel has consented to a court order permanently enjoining it from future violations of these statutory provisions; ordering the company to pay $45.372 million in disgorgement of wrongfully obtained profits, and ordering it to comply with certain undertakings including an independent monitor for a three-year term. The settlement is subject to court approval.

The SEC’s case was investigated by Ernesto Palacios and Thierry Olivier Desmet of the Division of Enforcement’s FCPA Unit and by Teresa J. Verges and Fernando Torres – all of the Miami Regional Office.

The SEC acknowledges and appreciates assistance from the U.S. Department of Justice, Fraud Section; the Federal Bureau of Investigation; the Office of the Attorney General in Costa Rica, the Fiscalía de Delitos Económicos, Corrupción y Tributarios in Costa Rica; and the Service Central de Prévention de la Corruption in France.

Large Financial Incentives to Bounty Action Whistleblowers Use Largest Trading Partners and the Opening of New Trading Markets

In developing new markets and exploiting existing markets, large multinational corporations often become extremely competitive to the point where they will violate laws and ethics in the pursuit of advantages to obtain large profits.  By offering large financial rewards and increased whistleblower protections, the United States through the SEC is working to use financial incentives and market forces to enforce existing laws and prevent unlawful exploitation by large and corrupt multinational corporations.

For more information on Foreign Corrupt Practice Act Bounty Actions, please feel free to go to the following web pages, Foreign Corrupt Practices Act Lawsuits and SEC Bounty Action Lawsuits and International Contract Government Official Bribe Bounty Actions.

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The Foreign Corrupt Practices Act (FCPA) prohibits bribery of foreign officials by U.S. companies and foreign companies listed on the U.S. securities exchange.  The Foreign Corrupt Practices Act (FCPA) also requires such companies to maintain accurate books and records.  Foreign Corrupt Practices Act Whistleblowers that properly report violations of the Foreign Corrupt Practice Act by a U.S. company or foreign companies listed on the U.S. securities exchanges can recover a large reward for exposing Foreign Corrupt Practices Act (FCPA) violations. 

To explore a potential anonymous and confidential bounty action regarding illegal bribes, kickbacks, and/or other illegal acts, please feel free contact Mexico Contract Bribe Lawyer, Mexican Government Official Bribe Lawyer, Mexico Illegal Kickback Lawyer, and Foreign Corrupt Practices Act Bounty Action Lawyer Jason Coomer via e-mail message or use our submission form about a potential Mexico Contract Bribe Bounty Action, Mexican Official Bribe Whistleblower Lawsuit, Latin America SEC Foreign Corrupt Practices Act Whistleblower Bounty Action, Central America Corporate Fraud Whistleblower Reward Lawsuit, or Multinational Corporation Illegal Act Bounty Action.    

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