Conquering corruption: FCPA costs show that crime does not pay

FCPA enforcement is increasing, and the U.S. has stepped up its demands on businesses

One of the biggest concerns faced by American companies that do business in other countries is the issue of bribery. Even the imputation of graft can ruin a company's reputation and lead to harsh penalties.

In fact, enforcement of the Foreign Corrupt Practices Act (FCPA), a key anti-bribery law, is increasing, and the U.S. government has stepped up its demands on businesses when it comes to monetary settlements.

Problem regions

Among the foreign nations most known for FCPA violations are China, Brazil, Mexico and India, as well as Russia and the other nations that formed the former Soviet Union.

Contributing Author

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Ed Silverstein

Ed Silverstein is a veteran writer and editor for magazines, websites and newspapers. A graduate of Harvard's Kennedy School of Government, he has won several...

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