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The Perils of Keeping FCPA Infractions Under Wraps
Charles Duross, the deputy chief of the U.S. Justice Department's Foreign Corrupt Practices Act Unit, delivered an ominous message Monday to in-house lawyers at the Association of Corporate Counsel's Annual Meeting in Los Angeles: Failure to report potential bribery is more perilous than ever. Duross, who is based in Washington, D.C., said DOJ is handling a "pretty steady stream of cases," with every major U.S. attorney's office investigating alleged violations of the FCPA, which prohibits bribery of foreign officials. "The risk of getting caught . . . is greater today than any point previously," Duross said. "I think that's kind of a no-brainer." Affiliate publication Corporate Counsel has more.
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