{"id":54818,"date":"2016-10-14T10:35:02","date_gmt":"2016-10-14T14:35:02","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=54818"},"modified":"2016-10-14T10:19:53","modified_gmt":"2016-10-14T14:19:53","slug":"first-fcpa-case-against-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2016\/first-fcpa-case-against-hedge-fund.html","title":{"rendered":"First FCPA Case Against Hedge Fund"},"content":{"rendered":"<p>(The National Law Review) On September 29, 2016, the Securities and Exchange Commission (the \u201cSEC\u201d) announced that Och-Ziff Capital Management Group (\u201cOch-Ziff\u201d) agreed to pay nearly $200 million to the SEC to settle civil charges of violating the Foreign Corrupt Practices Act (\u201cFCPA\u201d).  Also, Och-Ziff\u2019s Chief Executive Officer, Daniel Och, agreed to pay nearly $2.2 million to settle related charges.<\/p>\n<p>The SEC order found that beginning in 2007 and continuing through 2011, Och-Ziff, primarily through the misconduct of two senior employees, entered into a series of transactions and investments in which Och-Ziff paid bribes through intermediaries, agents and business partners to government officials in Libya, Chad, Niger and the Democratic Republic of the Congo.  <\/p>\n<p><a href=\"http:\/\/www.natlawreview.com\/article\/first-fcpa-case-against-hedge-fund\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(The National Law Review) On September 29, 2016, the Securities and Exchange Commission (the \u201cSEC\u201d) announced that Och-Ziff Capital Management Group (\u201cOch-Ziff\u201d) agreed to pay nearly $200 million to the SEC to settle civil charges of violating the Foreign Corrupt [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-54818","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=54818"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54818\/revisions"}],"predecessor-version":[{"id":54819,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54818\/revisions\/54819"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=54818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=54818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=54818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}