Bangladesh’s Anti-Corruption Commission reported yesterday that it uncovered a number of its own officials taking bribes while on the job, where they were

Bad news came to McKesson Corp. yesterday in the form of a ruling by U.S. District Judge Patti B. Saris. Judge Saris certified a number of 2005 suits by the New England Carpenters Health Benefits Fund as class action, and allowed them to

A new report released today in Berlin by Transparency International (TI) ranks 34 countries in regard to their overall corruption-fighting efforts, with some surprising results. The bottom four? Britain, Italy, Japan and Canada. According to TI, the four countries had “practically no investigations or extremely

Last year, we wrote about insider trading allegations against a number of current and former European Aeronautic Defense & Space (EADS) executives. This has been a huge issue in Europe for quite some time, as EADS is one of the largest defense contractors in the world and the parent of Airbus. The controversy is so [...]

Three of the largest internet service providers agreed on Wednesday to block child pornography newsgroups and other related materials from their servers, according to a report by the Associated Press. The three companies

What started off as a media dream story (with the words “Rupert Murdoch,” “employs” and “hacker” all in the same headline) ended on a very anticlimactic, and somewhat humorous, note. Readers might remember the DISH Network lawsuit that hoped to receive nearly $1 billion in damages from

Willbros Group, Inc. and its subsidiary, Willbros International, agreed to pay $32.3 million in a settlement with the Department of Justice and Securities and Exchange Commission to resolve allegations of FCPA violations. Of that

More proof that price-fixing can take place in any industry: the owner of Adult Fire, an Australian company that puts on various X-rated strip shows for men and women, sued two of its Sydney rivals, Bombshells and Sex Bomb Promotions, for price-fixing. Sadly for Adult Fire the case was “quickly dismissed” after Bombshells and Sex [...]

The CEO of Denver-based Grynberg Productions is trying a new strategy to escape possible FCPA violations: suing a bunch of his rivals. This month Jack Grynberg, the eponymous chairman of the oil company, sued British oil company BP, BP Chief Executive Tony Hayward, Former BP Chief Executive John Browne, Norway’s Statoil and others, accusing them [...]

The South African Competition Commission decided that there have been so many reports of price fixing involving producers of bread, milk and other food items that they’re just going to go ahead and probe the entire South African food industry, according to a report by sabcnews.com. The Commission will focus primarily

A former Kelly Services employee, Lynn Noyes, was awarded $6.5 million by a Sacramento federal jury on Friday after suing the company for reverse religious discrimination. She argued that a less qualified employee earned the manager position that she was seeking because he was a member of

Who says random airport searches don’t work? United States customs officials discovered that Hanjuan Jin, 37, a China-born U.S. citizen, was allegedly trying to leak confidential trade secrets from her former U.S. employer to a China-based rival when they searched her luggage at

Two weeks ago, in the last edition of Ethisphere Magazine we rated and ranked the ethics programs of some of the largest U.S. government contractors. IBM was

A new law in the United Kingdom will protect employees from sexual harassment beyond just coworkers and bosses, now extending to “customers, suppliers and others they encounter in the course of their work,” according to a story in the UK’s Guardian. Well, technically the punishment still goes to employers if they are aware of the [...]

Indiana resident James M. DiBlasio woke up to more than a hangover the morning after a three-day drinking binge. At some point during the 72 hours that he was drunk he managed to hack into the Denver-based server of his employer, Ski.com, and change various data such as flight reservations and contact information. According to [...]

Tipping is an activity so fervently argued and debated in the United States that entire books have been published on tipping etiquette. Those who have worked for tips argue for it, those that haven’t argue against it, and both sides tend to leave the debate unsettled and more angry than when they started. But, generally [...]

Becoming a whistle-blower is now a financially sound career move, thanks to the UK’s Office of Fair Trade (OFT). The British watch dog announced last Friday that it will offer as much as £100,000 for information leading to the discovery and dismantling of illegal corporate cartels. The OFT will offer the rewards for an 18 [...]

The large percentage of Germans that regularly avoid taxes isn’t terribly surprising, considering the nation’s top income tax rate is 45 percent and the tax laws are notoriously confusing, according to Bloomberg. Nevertheless, the problem is huge for the country and getting worse. The issue is making a lot of headlines right now, just days [...]

Seven years ago H. Dean Steinke, a rising employee and former district sales manager for Merck, put his career on hold by blowing the whistle on his former employee’s unethical marketing practices. Today, his conscience finally paid off when Merck agreed to pay $671 million to settle accusations of overcharging government programs such as Medicare, [...]

One day you’re labeled the “best health-insurance chief financial officer for each of the past four years” by Institutional Investor, the next you’re frantically texting “ABORT!!” to one of your many girlfriends/fiancees, hoping that your double life isn’t discovered. Such is the life of ex-Wellpoint CFO David Colby. Colby allegedly carried on relationships with over [...]

For several years, Ernesto Tapanes was a simple, ordinary “oceanography survey consultant,” doing contracting work for the treasure-hunting firm Odyssey Marine Exploration Inc. One spring day in 2007, however, his life abruptly changed when he discovered an anomaly off the coast of Gibraltar. Upon further investigation, it turned out to be a sunken

Stop the presses! Al Gore, the Sierra Club, and environmentalists everywhere are going to need to find a new hobby because global warming has just been stopped. Limousine Eighteen, the international “ground transportation company,” has purchased one hybrid SUV for their fleet of ground vehicles. This was revealed to the world in the form of [...]

Joining private life hasn’t saved former U.S. Attorney General John Ashcroft from public scrutiny. He’s back in the spotlight after New Jersey top prosecutor Christopher Christie recently gave Mr. Ashcroft’s consulting firm, the Ashcroft Group, the contract to monitor a settlement between Zimmer Holdings, a medical supply company, and the Department of Justice. What raised [...]

Bribery, according to the DOJ. Lucent technologies helped wrap up a DOJ investigation on Tuesday by agreeing to pay $1 million for FCPA violations. From 2000 to 2003 the company reportedly spent over $10 million on about 315 various trips for approximately 1,000 Chinese government officials. This included all expense paid trips to Disneyland, Universal [...]

Jonathan Evans, the head of the UK’s MI5, recently sent a letter out to 300 British business leaders warning them to be wary of a possible Chinese espionage attack. Since then, the UK’s Times has reported that both Rolls-Royce and Shell have already been hit by “sustained spying assaults” from Chinese government-backed hackers. Rolls-Royce was [...]