Financial Transparency Coalition

Two dual Afghan/U.S. citizens were charged today with conspiracy and bribery in connection with a scheme to offer $1 million in bribes to a U.S. Army contracting official in order to influence the award of a road construction contract in Afghanistan.

Helmerich & Payne Inc. (H&P) has entered into an agreement with the Department of Justice to resolve improper payments by H&P to government officials in Argentina and Venezuela in violation of the Foreign Corrupt Practices Act (FCPA).

The Economist published a chart today which shows a disturbing trend in American business.  Economist.com’s Daily Chart shows the number of “suspicious activity reports” which were reported to the Financial Crimes Enforcement Network (FinCEN) at the US Treasury Department for each year between 1997 and 2008. I’ll let the graph speak for itself: To read

NEW YORK (Reuters) - For anyone who believes crime doesn't pay, tell that to the New York state legislator who introduced a "Madoff" bill on Monday. Rich New Yorkers convicted of crimes would be forced -- if his bill becomes law -- to pay the state and federal governments for how much it costs to keep them in jail.