Joo Hyun Bahn Archives - FCPA Professor

Judge Sentences Bahn To 6 Months And Rejects DOJ’s Request For A 70-87 Month Sentence, SEC Brings Related Enforcement Action

By Mike Koehler on September 6, 2018 in 2018 Enforcement Actions, FCPA Sentences, Individual Enforcement Action, Joo Hyun Bahn, Real Estate Industry, SEC Enforcement Action

As highlighted in this previous post, in January 2017 the DOJ announced Foreign Corrupt Practices Act, and related charges, against four individuals for their roles in a scheme to pay $2.5 million in bribes to facilitate the $800 million sale of a commercial building in Vietnam (the so-called Landmark 72 pictured) to a Middle Eastern sovereign wealth fund.

It certainly was not a typical FCPA enforcement action. In fact it was downright strange in that the bribery scheme was unsuccessful and the third party intended to facilitate the bribery scheme simply pocketed the money for himself.

Friday Roundup

By Mike Koehler on January 5, 2018 in ALSTOM, Bombardier, Canada, Ciena Corp, Collateral Effects, Eberhard Reichert, ISO 37001, Joo Hyun Bahn, Larry Kushniruk, Petrobras, Related Civil Litigation, SEC, Siemens Argentina Enforcement Action

Guilty plea, Petrobras civil settlement, Alstom is done reporting, scrutiny alert, SEC FCPA enforcement, from the docket, checking in up north, and for the reading stack. It’s all here in the Friday roundup.

Guilty Plea

As highlighted in this prior post, in January 2017 the DOJ announced an FCPA and related enforcement action against four individuals for their roles in a scheme to pay $2.5 million in bribes to facilitate the $800 million sale of a commercial building in Vietnam (the so-called Landmark 72) to a Middle Eastern sovereign wealth fund.

Today, the DOJ announced: “Joo Hyun Bahn, aka Dennis Bahn, 39, of Tenafly, New Jersey, pleaded guilty in federal court in Manhattan to one count of conspiracy to violate the Foreign Corrupt Practices Act (FCPA) and one count of violating the FCPA. U.S. District Judge Edgardo Ramos of the Southern District of New York accepted the guilty plea. Sentencing is scheduled for June 29 …”.

Bahn, Et Al – Not A Typical FCPA Enforcement Action

By Mike Koehler on January 16, 2017 in 2017 Enforcement Actions, Ban Ki Sang, DOJ Enforcement Action, Individual Enforcement Action, Joo Hyun Bahn, Malcolm Harris, Real Estate Industry, Sang Woo, Sovereign Wealth Funds, Unsuccessful Bribery Schemes, Vietnam

Last week the DOJ announced Foreign Corrupt Practices Act, and related charges, against four individuals for their roles in a scheme to pay $2.5 million in bribes to facilitate the $800 million sale of a commercial building in Vietnam (the so-called Landmark 72 pictured at left) to a Middle Eastern sovereign wealth fund.

It certainly was not a typical FCPA enforcement action.

In fact it was downright strange in that the bribery scheme was unsuccessful and the third party intended to facilitate the bribery scheme simply pocketed the money for himself.

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Judge Sentences Bahn To 6 Months And Rejects DOJ’s Request For A 70-87 Month Sentence, SEC Brings Related Enforcement Action

Bahn, Et Al – Not A Typical FCPA Enforcement Action

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