Bribery and corruption: Your organization cannot afford it

Bribery and corruption: Your organization cannot afford it

Bribery, corruption and related fraud cases can cause immediate and lasting harm to an organization, and they can strike anywhere. A case in Oregon is a prototypical example of how an organization can be victimized if it doesn’t have proper controls in place.

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Petrofac suspends executive amid fraud office investigation

Petrofac suspends executive amid fraud office investigation

Oilfield services provider Petrofac (PFC.L) has suspended its chief operating officer in response to the UK Serious Fraud Office's investigation into Monaco-based Unaoil, another setback for the company that has been hit by the oil market downturn.

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Weatherford International to Pay $140 Million for Accounting Fraud

Weatherford International to Pay $140 Million for Accounting Fraud

Oil services company Weatherford International LLC has agreed to pay a $140 million penalty to settle charges it inflated earnings between 2007 and 2012 by using deceptive income tax accounting, U.S. regulators said on Tuesday.

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