sec whistleblower attorneys
August 06, 2020
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
