World Acceptance Corporation

FCPA

SANCTION AMOUNT: $21726000

Defendants: World Acceptance Corporation

Respondent consented to this sanction upon findings that its Mexican subsidiary paid more than $4 million in bribes to government and union officials to create lending opportunities to government employees, and to ensure timely repayment of such loans. In addition to the anti-bribery provisions of the Foreign Corrupt Practices Act, the SEC also alleged internal controls and books and records violations of the FCPA.

Key Docs
Official SEC press release

Find more cases

Named one of the top whistleblower practices/attorneys in the country by The New York Times, Wall Street Journal and NPR

Thank you for submitting some email to us.