Deutsche Bank. Photo: Sergey Kohl/Shutterstock.com Deutsche Bank to Pay $125 Million to Resolve FCPA, Fraud Cases, Brooklyn Federal Prosecutors Announce
The bank has agreed to pay $85 million in criminal penalties and more than $40 million to the U.S. Securities & Exchange Commission to resolve allegations over hiding bribes to "decisionmakers" in Saudi Arabia and the United Arab Emirates.
January 08, 2021 at 05:20 PM
3 minute read
Deutsche Bank on Friday agreed to pay more than $125 million to resolve allegations that it violated the Foreign Corrupt Practices Act and schemed to commit fraud, according to a deferred prosecution agreement unsealed in the U.S. District Court for the Eastern District of New York.
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