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Navigating Corporate Risk: The Imperative of Thorough H-1B Program Audits

September 27, 2023 | Immigration + Border Services

In the realm of corporate risk, immigration-related concerns often take a back seat. But a closer look at the current Administration’s actions reveals where priorities lie and which industries, sectors, and companies may be in the crosshairs. Form I-9 audits and Immigration and Customs Enforcement (ICE) inspections have common associations with immigration risk. The Department of Justice (DOJ), particularly its Immigrant and Employee Rights (IER) component, is also aggressively scrutinizing U.S. companies’ hiring practices, which can lead to settlements, DOJ … Read More

Identifying Minors in High-Risk Jobs

June 28, 2023 | Compliance Immigration + Border Services Investigations

Recent investigative reports have revealed the Department of Labor’s crackdown on organizations found to have minors working in high-risk industries that prohibit employing anyone under 18 years of age. In a number of these cases, the minors were also identified as being unauthorized to work in the U.S. The convergence of these issues amplifies the potential for severe legal consequences, financial liabilities, damage to reputation, and operational disruptions.

Recently, Immigration and Customs Enforcement, Homeland Security Investigations, rebranded their “Worksite Enforcement … Read More

How Universities Can Prevent Faculty Prosecutions for Failure to Disclose Foreign Affiliations

June 28, 2022 | Compliance Due Diligence

Lost in the uproar over the China Initiative that the Justice Department eventually shut down was the role of universities in ensuring compliance with disclosure requirements related to foreign affiliations. In at least some of the cases, signs of potentially inappropriate affiliations seem to have been missed by university officials, leading to intrusive and disruptive criminal investigations.  Even in cases where a prosecution is successful, you must ask whether it was worth it when it could have all been so … Read More

The Looming Bear Market is Likely to Bring More Prosecutions

June 23, 2022 | Financial Crime Consulting

When the tide goes out, as it appears to be doing now with the market down 20% percent from its highs in January, bad actors will be left exposed for everyone to see. Simply put, as the market drops those companies hiding behind lofty share prices and astronomical crypto values will be scrutinized to determine if financial fraud and white-collar crime was behind this activity.

The Department of Justice recently brought two significant, complex cases that illustrate this point when … Read More

Beware Scams Related to the Coronavirus

April 3, 2020 | Investigations

International fraudsters are already exploiting the Coronavirus and new federal CARES Act aid, relief, and stimulus programs, which include emergency cash payments to individuals and businesses. Expect the fraud attempts to continue throughout and after the pandemic.

Criminals are using various means to contact potential victims, including:

• spoofed (forged sender/header) email and phone calls posing as U.S. Treasury officials requesting potential victims provide personal identifying information (“PII”) to receive aid payments; and

• text messages with links to official-looking … Read More

Employer Alert – Interim State IDs Have Adverse I-9 Consequences

May 2, 2019 | Compliance Immigration + Border Services

Employers who have dedicated resources to developing a robust I-9 compliance program, and who also follow trends related to identification documents to prevent fraud, should pay attention to a new area of concern — interim driver’s licenses.

Many states have enhanced the security of their driver’s licenses and identification cards over the past several years. These enhancements consist of new security features, printing, holograms, and tamper resistant formats. Some states periodically enhance the security features of their documents, and others … Read More

The Digital Payment Crime Threat Portends A Fintech/Regtech Alliance

October 11, 2018 | Compliance Financial Crime Consulting

As published in PaymentSource.com, October 4, 2018.

 

Digital payments remain vulnerable to abuse by financial criminals seeking to make fast payments and undetected payments through the financial system.

 

There are multiple ways in which digital payments can be used by those laundering money, committing fraud, or financing terrorism. What are some of the risks fintechs should be thinking about, and what are the ways to mitigate them?

 

Because financial crime risks, properly mitigated, are in fact
Read More

Avoiding Fraud and Abuse in Disaster Reconstruction Efforts

October 30, 2017 | Monitoring

The recent series of natural disasters has left a staggering toll of ruin and loss. The instinct of all involved, citizens, businesses and government, is to clear the debris, restore energy and communications, and rebuild and repair infrastructure and buildings as quickly as possible.

Indeed, the recovery work itself is a cathartic experience that expresses hope in a restored future and the determination to get there.

Unfortunately, massive recovery efforts contain the seeds of their own failures, presenting fertile opportunity Read More

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