News and Analysis

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From Melbourne to Mugabe: The Australian accused of sprawling production scheme – 12 October 2017

The Securities and Exchange Commission launched an investigation last year into a corruption case against Och-Ziff (A New York Hedge Fund) employee Vanja Baros. Baros allegedly orchestrated $400 billion dollars in bribes from Och-Ziff investment funds, used to secure government favours in several African Countries.

http://www.smh.com.au/business/from-melbourne-to-mugabe-the-australian-accused-of-sprawling-corruption-scheme-20171010-gyyfqn.html

Study: Whistleblower rewards programs discourage whistleblowers – 11 October 2017

A recent study has suggested that financial incentives for whistleblowing can delay reports of fraud, by hijacking the moral motivation to do the right thing. Furthermore, the study also found that such rewards can distort the reporting process.

http://www.fcpablog.com/blog/2017/10/11/study-whistleblower-reward-programs-discourage-whistleblower.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+fcpablog%2FsLbh+%28The+FCPA+Blog%29