BIG Corrup$ion

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Postings to this site have been suspended but original content from 2000 to 2013 remains...
It has been replaced by the following......
Electronic Magazines

ENGLISH.............................. Corruption Eruption

View my Flipboard Magazine.

Global Corruption

Forensic Auditing

Legal Corruption

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SPANISH / ESPAÑOL............. Corruptos Abruptos

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Corrupción Global

Auditoría Forense


BOSTON, MA – Mar. 8, 2016 – After six months in beta, Anti-Corruption Digest, launches to the public to provide corporate decision makers with real time risk related news, insights, and best practices from around the world, and names Mike Kenealy Managing Editor.

Anti-Corruption Digest (ACD) is the most comprehensive source for global risk & compliance related news, insights, and best practices, covering topics such as Anti-Corruption, Anti Money Laundering, Corporate Governance & Ethics, Cyber Risk, Corporate Fraud, and Corporate Security. Mr. Kenealy is an expert anti-corruption adviser to multinational companies on subjects including: how to achieve effective global anti-bribery, anti-money laundering and related regulatory compliance. Former expat, author, and the Chief Operating Officer of a leading international risk service provider, Kenealy has been curating risk and compliance related articles in the digest’s predecessor publication the FCPA News Wire. His areas of expertise include identifying front-line risk, tailoring internal and external compliance strategies, compliance program stress testing & monitoring, complex due diligence and cross border investigation.

As part of today’s launch, Kenealy will announce the appointment of two ACD contributing editors, Michele La Neve and Jim Wesberry. Mr. Wesberry is the ACD’s Contributing Editor for Latin America and has 60 years of senior level international experience in anti-corruption, financial and related activities with organizations ranging from corporations, federal and state government, foreign countries as well as NGO’s such as the United States Agency for International Development and the World Bank. A quadrilingual attorney, Mr. La Neve is specialized in counseling his clients on Anti-bribery and corruption, anti-money laundering and data protection. He provides training on regular basis on the aforementioned areas to several organizations operating in very different sectors, such as pharma, engineering and financial industry.

ACD currently has readers in over 170 countries and curates over 15, 000 articles, in addition to its own original long-form material. The majority of ACD’s daily readers are corporate board members, Chief Compliance Officers, General Counsels, Directors of Corporate: Audit, Security, Anti-bribery, Anticorruption, Anti-money laundering, Risk, Privacy, along with corporate expats who are working abroad. Readers are welcome to research the Anti Corruption Digest’s curated database of over fifteen thousand risk and compliance related articles, offer comments on any article as well as submit material for publication.

In addition to its curated daily news feed, ACD runs a daily ‘round up’ newsletter, sent out Monday thru Friday, readers can sign-up for free here, and a self-named open LinkedIn group with over 375 members, including top compliance bloggers, officials from the US DOJ, SEC, State Department, UK’s Serious Fraud Office, UN, US Aid, and the corporate compliance space. In the coming months ACD will begin producing original video content, including a comprehensive weekend video edition newsletter.

About Anti-Corruption Digest
Anti-Corruption Digest is the most comprehensive source for global risk & compliance related news, insights, and best practices. Readers are welcome to research the Anti-Corruption Digest’s curated database of over fifteen thousand risk and compliance related articles, offer comments on any article as well as submit material for publication. Anti-Corruption Digest is hosted by Insiders Corporation, the premier provider of 3rd party due diligence and global compliance program development, testing and monitoring. The site offers a selection of organic, sponsored and advertorial packages for individuals and companies interested in participating on the site. Read more: Advertising and Media Inquiries: Steve Antonellis for Anti-Corruption Digest |



 BIG Corrup$ion $candal$
are on this page.
Click on name below in left column or $croll further down to go to  21st Century BIG $candal$ by type.
Click on article headline$ (underlined) to go to full original article as reported in the media.




     21st Century's BIGGEST Corrup$ion     Cases
Click below to go to page for each BIG Scandal
(Look on new page for name of scandal)

LIBOR/Barclays 2012

Libor Fraud.




HSBC Laundering - 2012

GlaxoSmithKline - 2012

Bahrain/Alcoa - 2012

Afghanistan/Aid 1997-2009

Iraq Reconstruction - 2004-12

Johnson & Johnson - 2004-09

Olympus - 2011

Madoff - 2008

Stanford - 2009

Enron - 2000

WorldCom - 2000

Parmalat - 2003

Satyam - 2008

Siemens - 2001-07

ZTE/China/Philippines Telecom - 2007-10

Daimler - 2000-08

Iraq/United Nations/Oil for Food - 2000-2005

World Bank/Corruption - 2000-2012

France/Chirac - 2011

Monsanto / US Gov't Interfaces - 2000-2012



2012 BIG Corrup$ion Postings

2013 BIG Corrup$ion Postings


More U.S. Profits Parked Abroad, Saving on Taxes

A Wall Street Journal analysis of 60 big U.S. companies found that, together, they parked a total of $166 billion offshore last year. That shielded more than 40% of their annual profits from U.S. taxes, though it left the money off-limits for paying dividends, buying back shares or making investments in the U.S. The 60 companies were chosen for the analysis because each of them had held at least $5 billion offshore in 2011. The practice is a result of U.S. tax rules that create incentives for companies to maximize the earnings, and holdings, of foreign subsidiaries. The law generally allows companies to not record or pay taxes on profits earned by overseas subsidiaries if the money isn't brought back to the U.S.

Who will be paying Hillary? - As the former secretary begins a speaking career, we'll learn a lot from her corporate client roster

...“speaking fees” is a sanitized phrase that evokes images of earnest college lectures and graduation orations. But for the most part, the term really refers to a corporate payoff, either for a job well done in office, or for a former politician to add his name to the corporate brand... The dirty secret of American politics is that, for most politicians, getting elected is just not that important. What matters is post-election employment. It’s all about staying in the elite political class, which means being respected in a dense network of corporate-funded think tanks, high-powered law firms, banks, defense contractors, prestigious universities, and corporations. If you run a campaign based on populist themes, that’s a threat to your post-election employment prospects.

Facebook Gets a Multibillion-Dollar Tax Break

Facebook’s first annual earnings report contains an accounting gem: a multibillion-dollar tax deduction for the cost of executive stock options and share awards. Even though Facebook (FB) reported $1.1 billion in pre-tax profits from U.S. operations in 2012, it will probablypay zero federal and state taxes—and even receive a federal tax refund of about $429 million—according to a Feb. 14 statement from Citizens for Tax Justice. The tax-research and -lobbying organization says companies such as Facebook should treat stock options the same in their reports to shareholders as they do in their tax filings. Citizens for Tax Justice calls the tax footnotes in Facebook’s Jan. 30 financial statement “an amazing admission,” but there’s nothing illegal about the breaks the company is claiming.

Four charts that show US companies hiding profits abroad (legally)

Crossing the Line Trailer from Kelly Richmond Pope on Vimeo.

Click above to go to website


Financial Shenanigans

Click Below to go to......

"There is no kind of dishonesty
into which
otherwise good people
more easily and more frequently fall
than that of defrauding the government."
 - Benjamin Franklin

 is not a matter of men or classes or education or character or any sort; it is a matter of pressure. Wherever the pressure is brought to bear, society and government cave in. The problem, then, is one of dealing with the pressure, of discovering and dealing with the cause or the sources of the pressure to buy or corrupt!”  Lincoln Steffens

"If I
 in my personal capacity have committed an offense (or crime), pray spare my subjects; but if my subjects have committed offenses (or crimes), the responsibility rests with me. -   Confucius

is a particularly viral form of cancer. It is caught here and there but it reappears somewhere else as soon as vigilance is relaxed. It is not eliminated, just driven underground. The corrupt merely suspend their operations temporarily. It lingers, hovering always in the background for its next opportunity." - Gerald E. Caiden

Click here to go to earlier 2013 BIG C postings

Click here to go to 2012 BIG C postings

Governance and development international comparisons from ROBERTO VILLARREAL


This website is dedicated to providing a reference source on the scourge that is whirling across planet Earth destroying governments, businesses, cities, families and imperiling civilized culture by agregating and making available on one site sources of news, analysis and opinion about corruption.
Criteria for inclusion on this site of "BIG Corruption" cases: 
  • Very High level corporate and/or government official(s) involved;
  • Very Large amount of money lost;
  • International financing/aid agency program; 
  • Global impact on numerous countries/businesses/investors; and/or
  • Classic example that can be used in training/seminarsmajor cases of global fraud and corruption.
  • As a news agregator website this site primarily serves to gather for research and educational purposes in one single place news and information specifically pertinent to major global corruption in business and government. The news items, views, editorials and opinions summarized or reported on this website are taken from the general media and reputable blogs, websites, etc., and are exclusively the responsibility of the original sources and/or authors. In accordance with Title 17 U. S. C. Section 107, any copyrighted work on this website is distributed under fair use without profit or payment to those who have expressed an interest in receiving the included information for nonprofit research and educational purposes only. Ref:
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