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Podcast: Corruption Crime & Compliance
Episode: A Deep Dive into Clear Channel's SEC FCPA Settlement
Description: Clear Channel, a San Antonio based advertising company, is settling with the SEC for $26 million, for bribery violations committed by its former Chinese subsidiary, Clear Media. In this episode of Corruption, Crime and Compliance, Michael Volkov explores the details of this case, from covert cash funds to internal audit challenges, shedding light on the issues that led to this notable settlement. You’ll hear him discuss:The charges stemmed from bribery violations committed by Clear Channel’s former Chinese subsidiary, Clear Media. The bribes included expensive gifts, entertainment and travel, given to influence contr...