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Corporations Incurred $78 million in FCPA Violations During Q3

The FCPA Blog released its Foreign Corrupt Practices Act enforcement report for the third quarter of 2019, featuring seven enforcement penalties worth close to $78.5 million. The penalties include two civil settlements, two indictments, one prison sentence and another awaiting…

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sentencing after pleading guilty, according to the report. There were also three corporate declinations from the Justice Department. The penalty total for 2019’s third quarter was less than for the third quarter in each of 2018 and 2017, which added up to $1.97 billion and about $1 billion, respectively.