What are the possible criminal penalties for violating the Foreign Corrupt Practices Act (FCPA)?
If a corporation or other business entity violates the anti-bribery provisions of the FCPA, it may be subject to a fine of up to $2,000,000. Officers, directors, stockholders, employees, and agents who violate the FCPA’s anti-bribery provisions are subject to a fine of up to $100,000 and as much as five years in prison. Under the Alternative Fines Act, the above-mentioned fines might actually be higher. In some instances, the actual fine could be twice the benefit the defendant sought to obtain by making the corrupt payment. Keep in mind that an employer or principal cannot pay a fine levied against an individual.
Related Questions
- What are the possible civil consequences for violating the anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA)?
- If I’m just an employee, can I be held liable under the Foreign Corrupt Practices Act (FCPA)?
- What sorts of sanctions does the Foreign Corrupt Practices Act (FCPA) provide for?
