Tag Archives: bribery
Six people face charges for allegedly bribing Amazon staff to help sellers
Disgraced Samsung heir likely won’t give company control to his children
US is reportedly investigating ZTE over new bribery allegations
Just when it seemed that Chinese telecom manufacturer ZTE was in the clear, it is once again being investigated by the Justice Department. In March 2017, ZTE agreed to pay $1.19 billion and submit to a three-year probation period as punishment for vi...
DOJ stops investigating Uber for foreign bribery
The Department of Justice has dropped an investigation into Uber over alleged foreign bribes. The agency said in an SEC filing it "will not be pursuing enforcement action."
Ericsson will pay over $1 billion to settle US corruption charges
Tech companies have been caught in corruption scandals before, but seldom on this scale. Telecom giant Ericsson has settled with the US Justice Department and SEC for just under $1.1 billion over charges of extensive corruption in several countries,...
Man charged with bribing AT&T staff to illegally unlock phones
There's no question that there's a market for unlocked phones, but one man may have been too eager to profit from that demand. The US has charged Pakistani citizen Muhammad Fahd with bribing staff at AT&T's call center in Bothell, Washington to...
Microsoft will pay $25 million to settle Hungary bribery charges
Microsoft is on the hook at home for alleged crimes abroad. The company has agreed to pay about $25 million in settlements with both the Justice Department and SEC over charges that its Hungary subsidiary violated the Foreign Corrupt Practices Act....
Amazon looks into reports of staff leaking data to merchants
Bribery in tech companies or their supply chains in is nothing new (there are numerous stories of factory workers leaking unannounced products), but Amazon is grappling with some particularly serious concerns. The company has confirmed to the Wall S...
Feds investigate Microsoft for alleged bribery in Hungary
U.S. authorities are investigating Microsoft for potential bribery and corruption in software sales in Hungary, according to the Wall Street Journal. In 2013 and 2014, Microsoft allegedly sold software such as Word and Excel at a steep discount to mi...