Monthly Picks From the editors: Podcast Insights from the SEC’s Office of the Whistleblower Annual Report The Green Hyena, 06/02/202427/03/2024 Whether you are working out, commuting to work, or just seeking entertainment while tackling household chores, podcasts offer a perfect blend of engagement and convenience. As almost everyone and their pet has a podcast nowadays, we like to help you by highlighting those podcasts you should listen to if you… Continue Reading
Regulatory Enforcement How to bribe: What can we learn from SAP’s bribery and corruption schemes? – The Indonesia conspiracy The Green Hyena, 22/01/202406/02/2024 On 10 January 2024, the United States Department of Justice (DOJ) unsealed the deferred prosecution agreement (‘DPA’) of the United States v. SAP SE bribery and corruption case. SAP SE is a global software company headquartered in Walldorf, Germany. The DPA provides valuable insights in how bribe paying works, the… Continue Reading
Uncategorized How to bribe: What can we learn from SAP’s bribery and corruption schemes? – The South Africa conspiracy The Green Hyena, 20/01/202425/01/2024 On 10 January 2024, the United States Department of Justice (DOJ) unsealed the deferred prosecution agreement (‘DPA’) of the United States v. SAP SE bribery and corruption case. SAP SE is a global software company headquartered in Walldorf, Germany. The DPA provides valuable insights in how bribe paying works, the… Continue Reading
White-Collar Crime Beyond Balance Sheets: Why Fraudsters Love Related Party Transactions The Green Hyena, 21/12/202327/12/2023 Related party transactions are the preferred modus operandi for organisations involved in fraudulent financial reporting. But also swindling managers and employees aiming to misappropriate company assets have a preference for related parties. That fraudsters love related party transactions becomes immediately clear by just looking at major corporate scandals over the years. One key reason for using related parties is the opportunity it provides to control and manipulate both sides of a transaction while concurrently concealing the true nature of such transactions. Lets have look on how fraudsters use related party transactions and how you can spot the rot. Continue Reading
Regulatory Enforcement What The US Enforcement Action Against Tysers And H.W. Wood Limited Teaches Us About How Bribery And Corruption Works (Part I) The Green Hyena, 11/12/202312/12/2023 On 23 November 2023, the United States Department of Justice unsealed the deferred prosecution agreements (‘DPA’) of the cases from the United States v. Tysers Insurance Brokers Limited and H.W. Wood Limited. Tysers and Wood, two UK reinsurance companies, were accused of bribing Ecuadorian government officials. The DPA’s provide valuable… Continue Reading
White-Collar Crime How They Do It: Bribery and Corruption Through Travel and Entertainment The Green Hyena, 29/11/202330/11/2023 Getting involved in a bribery and corruption scandal is a risk for every organisation, regardless geography and industry. Although some industries or geographies are more prone to bribery and corruption risks, it is something that can happen everywhere. Bribery and corruption cause massive harm to societies and economies, undermining the… Continue Reading