In September of 2015, ex-CEO of Arc Electronics Inc., Alexander Fishenko, plead guilty to a 19 count indictment which included charges of the illegal export of microelectronics, money laundering, wire fraud, obstruction of justice, and acting as an unregistered agent of the Russian government. Unlike many cases in the banking sector, where no executives have […]

Two former federal agents have been charged with wire fraud, money laundering and related offenses for stealing digital currency during their investigation of the Silk Road, an underground black market that allowed users to conduct illegal transactions over the Internet. The charges are contained in a federal criminal complaint issued on March 25, 2015, in […]

Money-laundering. Child labor. Wire fraud. Not only are they scary phrases, but some of the growing concerns business leaders face as governments step up their regulatory efforts. Failure to comply can be catastrophic. While no compliance program is perfect, establishing a strong compliance infrastructure can help protect your organization when the Department of Justice comes […]