Daily Archives: August 7, 2020, 9:52 am

World Acceptance Corporation pays SEC $21.7 million to resolve “bags of cash” FCPA offenses | The FCPA Blog

World Acceptance Corporation agreed Thursday to pay the SEC $21.7 million in penalties and disgorgement to resolve FCPA offenses in Mexico. In an internal administrative order, the SEC charged WAC with violating the FCPA’s anti-bribery, books and records, and internal accounting controls provisions. The consumer loan company agreed to disgorge $17.8 million plus prejudgment interest of $1.9 million, and civil penalties…

Read More