The Foreign Corrupt Practices Act (FCPA) was enacted in 1977 to curtail bribery of foreign officials and place some guidelines on what can and cannot be done by business people in foreign countries. The FCPA prohibits using the mail or other types of interstate commerce to offer, pay, or promise to pay money or anything of value to a foreign official in exchange for an improper advantage.
The FCPA also defines specific accounting requirements for Americans doing business internationally. Failure to comply can be charged as accounting fraud. Many individuals and companies that are charged with violating the Foreign Corrupt Practices Act are not even aware that they were in violation of any laws. Sometimes, what may be a customary business practice in another country is a violation of the FCPA, making the business and businesspeople at risk of facing federal criminal charges.
Brian J Smith represents both individuals and corporations in all aspects of FCPA and anti-corruption matters, including internal investigations, transactional due diligence, implementation of remedial measures and compliance programs, and the defense of government investigations, actions and criminal/civil proceedings . Attorney Brian Smith is highly knowledgeable in this area of law and can advise you of your rights and options. Mr. Smith also maintains an office in Bangkok, Thailand, and advises both Thai and American businesses on matters of US law.
Your business and, possibly, your freedom are at stake. Contact our Las Vegas law firm to schedule a consultation with Mr. Smith or call (702) 380-8248.
If a conviction is handed down in a case involving charges of violating the Foreign Corrupt Practices Act the penalties are serious and can include significant fines and jail time. If a business is convicted, the company may be permanently shut down.
Contact us online or call (702) 380-8248 to schedule a consultation with Brian J Smith at our Las Vegas office.