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April 18, 2017

Largest FCPA Case in History Ends with $2.6 Billion Fine

U.S. District Judge Raymond Dearie ordered Odebrecht, a Brazilian engineering company, to pay $2.6 billion to the governments of Brazil, the U.S., and Switzerland for violations of the Foreign Corrupt Practices Act (FCPA).

According to Law360, prosecutors have called this the “largest” FCPA case in history, with $93 million going to the U.S., $2.39 billion to Brazil, and $116 million to Switzerland.

Odebrecht and others were accused of paying nearly $788 million in bribes to foreign officials in connection with 100 projects in 12 countries. 

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