Corruption Currents: China, India Rebuff US on Iranian Crude

Bribery:

Walmart is deadlocked with U.S. prosecutors over its FCPA case. (Bloomberg)

Nigerian authorities arraigned three election board employees for bribery and money laundering; they pleaded not guilty. (Nation, Naija)

Local cases: A Detroit-area public works official asked prosecutors to investigate contracts his agency awarded; a towing boss was sentenced to prison. New York prosecutors announced charges against an airport employee who allegedly took bribes. The retrial of a New York City corrections union boss has begun. (DN, MD, Fox, DN, DFP, release, AP, CBS, NYT)

Cybercrime:

The U.S. midterm elections are at risk of being hacked. (MJ)

Reddit announced it was hacked. (WP, Reuters)

Fraud:

The owner of check-cashing companies was charged with fraud. (release)

Money Laundering:

The U.S. is seeking to extradite a Filipino businesswoman and her family after they were indicted in the U.S. on money... read more at: https://blogs.wsj.com/riskandcompliance/2018/08/03/corruption-currents-china-india-rebuff-u-s-on-iranian-crude/

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