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SEC.gov | SEC Charges Deutsche Bank With FCPA Violations Related to Third-Party Intermediaries


FOR IMMEDIATE RELEASE
Washington D.C., Jan. 8, 2021
The Securities and Exchange Commission today announced charges against Deutsche Bank AG for violations of the Foreign Corrupt Practices Act (FCPA).  As part of coordinated resolutions with the SEC and the Department of Justice, Deutsche Bank has agreed to pay more than $120 million, which includes more than $43 million to settle the SEC’s charges. 
According to the SEC’s order, Deutsche Bank engaged foreign officials, their relatives, and their associates as third-party intermediaries, business development consultants, and finders to obtain and retain global business.  The order finds that Deutsche Bank lacked sufficient internal accounting controls related to the use and payment of such intermediaries, resulting in approximately $7 million in bribe payments or payments for unknown, undocumented, or unauthorized services.  The order further finds that these payments were inaccurately reco ....

Daniel Wadley , Jennifer Moore , Charles Cain , Exchange Commission , Salt Lake Regional Office , Department Of Justice , Enforcement Division , Securities Exchange , Deutsche Bank , Foreign Corrupt Practices Act , Securities Exchange Act , Tanya Beard , டேனியல் வாட்லி , ஜெனிபர் மூர் , சார்லஸ் கெய்ன் , பரிமாற்றம் தரகு , உப்பு ஏரி பிராந்திய அலுவலகம் , துறை ஆஃப் நீதி , அமலாக்கம் பிரிவு , பத்திரங்கள் பரிமாற்றம் , டாய்ச் வங்கி , வெளிநாட்டு சிதைந்த கோப்பு ப்ர்யாக்டிஸஸ் நாடகம் , பத்திரங்கள் பரிமாற்றம் நாடகம் , தான்யா தாடி ,

ConTXT, Inc, Thomas J. Robbins, Daniel J. Merriman, Mark W. Wiseman, and Clark J. Madsen (Release No. LR-25005; Jan. 8, 2021)


Litigation Release No. 25005 / January 8, 2021
Securities and Exchange Commission v. ConTXT, Inc, Thomas J. Robbins, Daniel J. Merriman, Mark W. Wiseman, and Clark J. Madsen, No. 2:21-cv-00013 (U.S. District Court, District of Utah) filed January 7, 2021.
The Securities and Exchange Commission today announced settled charges against a Utah corporation, its principals, and two securities fraud recidivists for allegedly orchestrating two inter-related frauds resulting in approximately $11 million in investor losses.
According to the SEC s complaint, Thomas J. Robbins and Daniel J. Merriman met while incarcerated for separate and unrelated securities fraud convictions. The complaint alleges that after they were released, Robbins and Merriman created a high-yield trading program, and that, beginning in 2016, Robbins and Merriman solicited investor funds through a series of representations, including: that the Church of Jesus Christ of Latter-day Saints was a client; that ....

Salt Lake , United States , Clarkj Madsen , Daniel Wadley , Markw Wiseman , Jesus Christ , Danielj Merriman , Amy Oliver , Jennifer Moore , Thomasj Robbins , Paul Feindt , Exchange Commission , Salt Lake Regional Office , Securities Exchange , Us District Court , Contxt Inc , Latter Day Saints , Placement Memorandum , Securities Act , Securities Exchange Act , Assistant Director , Regional Director , Salt Lake Regional , உப்பு ஏரி , ஒன்றுபட்டது மாநிலங்களில் , டேனியல் வாட்லி ,

SEC Charges Deutsche Bank With FCPA Violations Related to Third-Party Intermediaries


SEC Charges Deutsche Bank With FCPA Violations Related to Third-Party Intermediaries
Date
08/01/2021
The Securities and Exchange Commission today announced charges against Deutsche Bank AG for violations of the Foreign Corrupt Practices Act (FCPA).  As part of coordinated resolutions with the SEC and the Department of Justice, Deutsche Bank has agreed to pay more than $120 million, which includes more than $43 million to settle the SEC’s charges. 
 
 
According to the SEC’s order, Deutsche Bank engaged foreign officials, their relatives, and their associates as third-party intermediaries, business development consultants, and finders to obtain and retain global business.  The order finds that Deutsche Bank lacked sufficient internal accounting controls related to the use and payment of such intermediaries, resulting in approximately $7 million in bribe payments or payments for unknown, undocumented, or unauthorized services.  The order furthe ....

Daniel Wadley , Jennifer Moore , Charles Cain , Exchange Commission , Salt Lake Regional Office , Department Of Justice , Enforcement Division , Securities Exchange , Deutsche Bank , Foreign Corrupt Practices Act , Securities Exchange Act , Tanya Beard , டேனியல் வாட்லி , ஜெனிபர் மூர் , சார்லஸ் கெய்ன் , பரிமாற்றம் தரகு , உப்பு ஏரி பிராந்திய அலுவலகம் , துறை ஆஃப் நீதி , அமலாக்கம் பிரிவு , பத்திரங்கள் பரிமாற்றம் , டாய்ச் வங்கி , வெளிநாட்டு சிதைந்த கோப்பு ப்ர்யாக்டிஸஸ் நாடகம் , பத்திரங்கள் பரிமாற்றம் நாடகம் , தான்யா தாடி ,