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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-12-06T20:00:00
The U.K. Serious Fraud Office (SFO) launched a fraud investigation into AOG Technics over allegations the company supplied fake airplane engine parts to major airlines across the globe.
A London office of AOG Technics was raided by SFO investigators and officers from the National Crime Agency on Wednesday. One unnamed individual was arrested and is currently being questioned, the SFO announced in a press release.
AOG Technics Founder Jose Alejandro Zamora Yrala was the individual arrested, according to a report from Bloomberg News.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2024-03-13T15:47:00Z By Kyle Brasseur
The U.K. Serious Fraud Office announced two raids and three arrests coinciding with the launch of an investigation into collapsed property developer Carlauren Group.
2024-02-21T14:55:00Z By Kyle Brasseur
The U.K. Serious Fraud Office carried out several residential raids as it announced the launch of a criminal investigation into collapsed property investment firm Signature Group.
2024-02-14T21:21:00Z By Kyle Brasseur
“Under my leadership, the SFO will be bolder, more pragmatic, more proactive,” said Nick Ephgrave in his first public speech as head of the U.K. Serious Fraud Office.
2024-12-24T16:51:00Z By Adrianne Appel
Purported “testimonial and review” service Rytr agreed to stop selling its program that used artificial intelligence to create fake content as part of a consent order with the Federal Trade Commission.
2024-12-23T19:08:00Z By Jeff Dale
Bank of America avoided a monetary penalty in agreeing to settle charges with the Treasury Department’s Office of the Comptroller of the Currency but was ordered to shore up previously disclosed deficiencies in its Bank Secrecy Act/anti-money laundering (BSA/AML) and sanctions compliance programs.
2024-12-23T12:00:00Z By Aaron Nicodemus
Aviation maintenance services provider AAR Corp. will pay nearly $56 million to settle charges that it violated the Foreign Corrupt Practices Act when it paid bribes to government officials in Nepal and South Africa.
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