We work with whistleblowers to expose fraud against the government.

About the Foreign Corrupt Practices Act

Blow the whistle on bribery and corruption abroad.

Bribery of foreign officials is a widespread problem overseas. The Foreign Corrupt Practices Act (FCPA), however, gives individuals a fighting chance to bring transparency to global business.

The FCPA  generally prohibits corrupt payments to foreign officials for the purpose of obtaining or retaining business. It also specifies certain accounting and record-keeping requirements for companies publicly-traded in the United States.

The FCPA applies to the following:

  • U.S. companies,
  • certain foreign companies,
  • U.S. citizens, and
  • certain foreign individuals.

Bribery to obtain a business advantage is a breach of the FCPA

Prohibited acts include an offer, promise, or authorization of a payment, as well as actual payments, of money or other items of value to a foreign official for the purpose of influencing that official in his or her official capacity. Such payments cannot be used to induce a foreign official to act or fail to act in violation of his or her duties, or to obtain an improper advantage in getting or retaining business in the foreign country. The payment or promise of payment may be for “anything of value,” including some travel, lodging, and entertainment expenses.

It sounds dry, but the bottom line is this: companies and individuals with certain ties to the United States can’t use bribes to get or keep business in foreign countries.

The purpose of the FCPA

As Secretary of State Hillary Clinton has said, allowing such conduct would undermine our leverage and credibility on the world stage, and the FCPA is critical to maintaining our standards of integrity in international trade.

Examples of FCPA violations include the following:

  • Bribes falsely characterized as “commissions” or “consulting fees”
  • Payment to foreign officials through third parties or shell companies
  • Campaign contributions paid in connection with a government contract
  • Commercial bribery or payment to agents and employees of prospective commercial partners
  • Accounting irregularities and lack of internal accounting controls

Protection and rewards for whistleblowers

The FCPA was first enacted in 1977, but it wasn’t until 2010 that the Dodd-Frank Wall Street Reform and Consumer Protection Act established protection for whistleblowers who approach the SEC with information about potential FCPA violations. In addition to protecting these whistleblowers from retaliation, Dodd-Frank also provides potential financial rewards: a qualified whistleblower whose information leads to the SEC’s recovery of $1 million or more may be entitled to receive between 10 and 30 percent of the Commission’s recovery.

How Waters & Kraus can help whistleblowers

With a national presence and in-depth experience fighting fraud and corruption, Waters & Kraus, LLP, provides aggressive representation of whistleblowers in SEC whistleblower actions. The firm currently represents clients in a variety of SEC whistleblower cases, including FCPA actions.

To learn more about whistleblower representation at Waters & Kraus, or to have one of our attorneys review your potential case, email us or call 800.226.9880.

What is Qui Tam?

Under the Federal False Claims Act (FCA), whistleblowers have the power to save taxpayers billions of dollars each year by taking a stand against fraud. The U.S. False Claims Act allows private citizens to file suits on the government’s behalf when the government has been defrauded through any federally funded contract or program. The qui tam provisions of the False Claims Act allow these citizens to recover damages. A number of states and the city of Chicago also have laws similar to the False Claims Act to protect against fraud. To learn more about the different types of fraud … READ MORE

Houston Doctor Settles Medicare Fraud Charges for $1.5M

October 13, 2017 The former president of a leading medical association agrees to resolve whistleblower allegations of False Claims Act violations and Medicare fraud. HOUSTON — A lawsuit brought by a whistleblower nurse alleging 7.5 years of Medicare fraud committed by Houston doctor…

Gary Paul, Michael Armitage & Scott Frost Named on 2018 Southern California Super Lawyers List

February 13, 2018 Waters Kraus & Paul partners selected to appear in 2018 Southern California Super Lawyers Magazine Gary Paul, Michael Armitage, and Scott Frost, partners at Waters Kraus & Paul, have each respectively been selected for inclusion in the 2018 Southern California Super Lawyers list as featured in special sections of The New York Times and The Los Angeles Magazine. This is a special honor in that the list is comprised of only five percent of attorneys in Southern California. About Southern California Super Lawyers Super Lawyers® is a publication of Thompson Reuters and uses a patented multi-phase process to recognize only…
Waters Kraus & Paul attorneys included in Super Lawyers List 2018

What are my chances?

That’s the first question everyone asks. The truth is it’s impossible to know. But we can tell you this. Waters Kraus & Paul has what it takes to fight against big corporate interests and win. That’s why we’ve taken more mesothelioma trials to verdict than any other firm. And that’s why we’ve recovered more than $1.3 billion for clients like you. Do you think you have a case? Contact us now to speak with an attorney.

Call 800.226.9880