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Exploring the Mechanisms Used to “Fund” Bribery Schemes

Webinar Replay

Mihnea Rotariu (Lextegrity’s Risk & Compliance Analytics Director) and Mike Koehler (FCPA Professor Founder) discuss corporate bribery schemes and how compliance professionals can best mitigate bribery related risks.

Generally speaking, a corporate bribery scheme often involves the creation of a "pot of money" within a business organization to "fund" a scheme. In such cases, employees often use existing corporate mechanisms (beyond third parties) to fund these schemes. This webinar highlights various examples from recent FCPA enforcement actions.

This webinar will address the following topics:

  • checkmarkThe various mechanisms used to fund bribery schemes
  • checkmarkExamples of recent FCPA enforcement actions
  • checkmarkHow compliance professionals (such as legal, audit, finance, and accounting) can best manage and mitigate bribery and related risks

Learn more about how compliance professionals can better track and mitigate bribery and corruption risks.

 

 

The Expert Panelists:

FRA_Mihnea 4

Mihnea Rotariu
Risk and Compliance Analytics Director | Lextegrity

Mike Koehler
Founder | FCPA Professor

Mihnea Rotariu has an extensive background in handling matters involving bribery and corruption, forensic accounting, monitorships, regulatory compliance, data analytics, and due diligence from his time at PwC and FRA. He has previously assisted counsel in enforcement matters brought by the U.S. Department of Justice, the U.S. Securities and Exchange Commission, and international enforcement agencies. 

Mihnea holds several certifications, including Fellow of the Association of Chartered Certified Accountants (FCCA), Certified Fraud Examiner (CFE), and Certified Anti-Money Laundering Specialist (CAMS).

Mike Koehler is the founder and editor of the FCPA Professor website, which has been named a Top Law Blog for in-house counsel by Corporate Counsel, a Top 25 Business Law Blog by LexisNexis, and a top 100 Legal Blog by the American Bar Association.

His expertise and views are informed by a decade of FCPA practice experience at a leading international law firm during which he conducted FCPA investigations around the world, negotiated resolutions to FCPA enforcement actions with government enforcement agencies, and advised clients on FCPA compliance and risk assessment.


About Lextegrity

Lextegrity provides innovative enterprise data analytics and automation technology for compliance and audit professionals at leading global companies. This first-of-its-kind software is created by former in-house compliance and audit professionals who have operationalized compliance and audit programs globally. Organizations use our software suite to prevent and detect risks related to fraud, corruption, sanctions, kickbacks, and conflicts of interest. Our software unifies compliance systems and manages risk across the spend lifecycle for an end-to-end view in real-time. 

Lextegrity’s software has been before regulators globally on several occasions and was even cited by the SEC as a remediation factor in a client’s FCPA resolution. It has been chosen by several companies after the appointment of compliance monitors or after the start of an investigation and has been a factor in resolving those matters, including helping to secure a DOJ declination.