Articles about Bribery

priest prison

The priest, the coder, the Bitcoin drug deals – and today's guilty verdicts

A New Jersey pastor and a Florida software engineer were today found guilty of bribery, wire fraud, bank fraud, and fraud conspiracy. Their trial, which unfolded in a US district court in New York, exposed the murky world of illegal Bitcoin exchanges. Pastor Trevon Gross and Florida coder Yuri Lebedev helped launder Bitcoins …
Iain Thomson, 17 Mar 2017
Woman in horse mask takes a selfie. Photo by Shutterstock

Tell us about that $1m horse, Mr Samsung: Bribery probe slips deep into South Korean giant

The heir-apparent of Samsung has been pulled into the bribery scandal that sparked the impeachment of South Korea's president. Lee Jae-yong has been ordered by special prosecutors to answer questions about the enormous donations made by Samsung to a number of foundations run by a close associate of President Park Geun-hye, …
Kieren McCarthy, 11 Jan 2017
Suitcase full of money

US software biz fined $28 million for bribing Chinese buyers with free vacations, gifts

Massachusetts-based software maker PTC and two of its Chinese subsidiaries have been fined $28m for bribing buyers in the Middle Kingdom. US regulator the SEC found that PTC, which builds design and process management software, broke the Foreign Corrupt Practices Act (FCPA) between 2006 and 2011. The American biz bunged …
Iain Thomson, 16 Feb 2016

Japanese chief TPP negotiator accused of taking $100,000 bribe

Japan's chief negotiator in the controversial Trans-Pacific Partnership (TPP) trade deal has been accused of taking bribes worth $100,000 from a construction company. Economy minister Akira Amari and his staff accepted 12 million yen ($101,000) in payments from an unnamed company from the Chiba province just outside Tokyo, …
Kieren McCarthy, 22 Jan 2016
Gavel

Alcatel-Lucent pays $10 million to Costa Rica's ICE over old bribery scandal

Alcatel-Lucent has come a step closer to ruling a line under its long-standing South American bribery scandal. According to The Tico Times, the company has agreed to a US$10 million settlement with the Costa Rica Electricity Institute (ICE). The June 8 decision was announced by ICE on July 30. Alca-Lu had made a payment of $ …
Cash in brown paper envelope CC 2.0 attribution StockMonkeys.com

ServiceMesh man Eric Pulier resigns from CSC amid bribery claims

Eric Pulier, the co-founder of CSC prey ServiceMesh and CSC general manager of cloud has left CSC. Pulier left after it was revealed he allegedly paid bribes to executives at Australia's Commonwealth Bank. CSC sent The Reg the following statement about Pulier's departure: On March 26, 2015 Eric Pulier was notified that his …
Simon Sharwood, 28 Apr 2015

Listed US tech provider bribed Oz bank worker say cops

Updated A former banking industry IT executive has been arrested in Sydney for bribery over the handling of "lucrative" contracts. Police in the Australian state of New South Wales (NSW) made the arrest, but have provided scant detail about the matter. But the contract must have been big: as the boys in blue say “To date, more than US …
Suitcase bulging with cash

Cisco pursuing bribery investigation in FSU countries

Cisco is investigating the probity of unnamed resellers in Russia and other former Soviet Union countries, to determine whether or not it could be exposed to violations of US anti-bribery laws. The company first discussed the allegations in this December 23 blog post, which went under the radar in the lead-up to Christmas. The …
Suitcase bulging with cash

Juniper under bribery investigation by US regulators

Packet-pusher Juniper Networks is under investigation by the Department of Justice and the Securities and Exchange Commission, it has emerged. The regulators are pursuing the company over "possible violations" of the anti-bribery US Foreign Corrupt Practices Act, the company revealed in its 10-Q filing with the SEC on Thursday …
Jack Clark, 9 Aug 2013
gavel_judgment_channel

Former Systemax bigwig Carl Fiorentino to fight bribery allegations

Former Systemax director Carl Fiorentino has pleaded not guilty to federal charges that he pocketed millions of dollars in backhanders in return for directing trade towards specific PC component makers. Fiorentino appeared in the Eastern District Court of New York on Monday to face allegations made last month that he made more …
Paul Kunert, 10 Jul 2013
Suitcase bulging with cash

Oracle pays off SEC to settle Indian channel bribery claims

The Securities and Exchange Commission (SEC) has agreed to settle an outstanding action over inducements paid by Oracle India to secure government contracts. The SEC filing notes that between 2005 and 2007 Oracle India siphoned off around $2.2m from eight different contracts with the Indian government that were worth $6.7m in …
Iain Thomson, 16 Aug 2012
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Baidu bods arrested after deleting posts for dosh

Chinese web giant Baidu has been forced to sack four employees, three of whom were arrested by local police on suspicion of accepting bribes in return for deleting user-generated posts on one of the firm's sites. Baidu PR officer Li Guoxun told Global Times that police got involved in the case due to the large sums of money …
The Register breaking news

Ex-Alibaba GM cuffed as bribery scandal resurfaces

A former general manager at one of e-commerce giant Alibaba’s web businesses has been arrested by Chinese police on suspicion of bribery, as the scandal-hit firm struggles to move on from long-standing allegations of corruption. China’s biggest e-commerce business revealed the news on Thursday that Yan Limin, until recently …

ZTE and Huawei execs get ten years for bribery

Huawei and ZTE suffered a PR blow this week after it emerged that executives from the company had been convicted of bribery offences in Algeria and sentenced in their absence to ten years each in jail. Local French language news site Presse-DZ reported that international arrest warrants had been issued for ZTE's Dong Tao and …
Phil Muncaster, 12 Jun 2012
The Register breaking news

Obama refuses to respond to MPAA bribery claim petition

The White House has said it won’t be responding to a petition calling for an investigation into whether comments by MPAA head Chris Dodd about paying for political support constituted an admission of bribery. Shortly after SOPA and PIPA were kicked into the long grass by nervous legislators, Dodd - himself a former senator – …
Iain Thomson, 2 Feb 2012
The Register breaking news

MPAA threat sparks White House petition for bribery probe

Chris Dodd, ex–US senator and current CEO of the Motion Picture Ass. of America, may face a White House investigation after he made an extraordinary outburst that appeared to threaten politicians who had the audacity to take the entertainment industry’s money and then abandon SOPA/PIPA online-piracy legislation. “Those who …
Iain Thomson, 23 Jan 2012
The Register breaking news

Sth Korea govt cracks down on blogger blaggers

South Korea’s high profile bloggers and prolific social media mavens are being targeted by the Fair Trade Commission (FTC) over the practice of receiving ‘gifts’ from companies in return for favourable reviews or mentions of products. The South Korean government has ushered in new regulations which force companies and bloggers …
The Register breaking news

News of the World TO CLOSE

This Sunday's News of the World will be the last ever. The massive-circulation newspaper is deeply embroiled in phone hacking and police bribery allegations. It has been printed for over 150 years. Despite its recent reputation for shag-n-tell stories about footballers it has a past history of decent investigative journalism …
John Oates, 7 Jul 2011

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