SEC investigates allegations that Avon reps bribed foreign officials

The US financial watchdog is investigating whether Avon reps bribed foreign officials, the cosmetics company has disclosed….The company disclosed in a regulatory filing that “a formal order of investigation” by the securities and exchange commission was under way, under the Foreign Corrupt Practices Act. The FCPA makes it illegal for representatives of US firms to bribe foreign officials

Read more: SEC investigates allegations that Avon reps bribed foreign officials — Guardian

1 Comment

  • lawyer Columbia SC
    Posted November 1, 2011, 1:50 pm 1:50 pm 0Likes

    I’m glad they noticed this! Sometimes these reps. can be so shady. I believe they would bribe someone. Thanks for the share

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