{"id":84061,"date":"2023-03-03T01:50:18","date_gmt":"2023-03-03T06:50:18","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84061"},"modified":"2023-03-03T01:39:40","modified_gmt":"2023-03-03T06:39:40","slug":"ericsson-pleads-guilty-in-u-s-to-federal-bribery-violations-agrees-to-pay-206-million-penalty","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2023\/ericsson-pleads-guilty-in-u-s-to-federal-bribery-violations-agrees-to-pay-206-million-penalty.html","title":{"rendered":"Ericsson pleads guilty in U.S. to federal bribery violations, agrees to pay $206 million penalty"},"content":{"rendered":"\n<p>(CNBC) Swedish telecommunications giant <a href=\"https:\/\/www.cnbc.com\/quotes\/ERIC\/\">Ericsson<\/a> agreed to pay a $206 million penalty and pleaded guilty to violating the anti-bribery provisions of the Foreign Corrupt Practices Act, U.S. prosecutors <a rel=\"noreferrer noopener\" href=\"https:\/\/www.justice.gov\/usao-sdny\/pr\/ericsson-plead-guilty-and-pay-over-206-million-following-breach-2019-fcpa-deferred\" target=\"_blank\">announced<\/a> Thursday evening. Ericsson had <a rel=\"noreferrer noopener\" href=\"https:\/\/www.justice.gov\/usao-sdny\/pr\/ericsson-agrees-pay-more-1-billion-resolve-foreign-corrupt-practices-act-case\" target=\"_blank\">already paid<\/a> a $520.6 million penalty in 2019 over what New York federal prosecutors said was a \u201cyearslong campaign of corruption.&#8221; <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/03\/02\/ericsson-to-pay-206-million-fine-plead-guilty-to-bribery-violations.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Swedish telecommunications giant Ericsson agreed to pay a $206 million penalty and pleaded guilty to violating the anti-bribery provisions of the Foreign Corrupt Practices Act, U.S. prosecutors announced Thursday evening. Ericsson had already paid a $520.6 million penalty in [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84061","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84061","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=84061"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84061\/revisions"}],"predecessor-version":[{"id":84062,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84061\/revisions\/84062"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}