A former vice president of defense contractor IAP Worldwide Service was sentenced in federal court in Virginia Friday to 120 days in prison.
Entries in James Michael Rama (3)
From April through June, there were two corporate FCPA enforcement actions. There were also two individual guilty pleas, with one -- by Joseph Sigelman in the midst of his FCPA trial -- resulting in probation only and no jail time.
IAP Worldwide Services pays $7.1 million criminal fine to settle FCPA offenses, former VP pleads guilty
A Florida defense and government contracting company, IAP Worldwide Services Inc., agreed to pay a $7.1 million penalty to resolve the DOJ's investigation into an alleged conspiracy to bribe Kuwaiti officials to win a contract.