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 of $2 million.
