Around the Americas

Government of Peru Told by Hedge Fund, Pay Your Bills and forget about Peruvian laws to protect your interests. US Commerce Secretary Pritzker Goes to Cuba – an embargoed country – to ‘promote US trade’. Odd eh? Next stop, North Korea. Former Argentine Spy Chief allegedly linked to the murder of Iranian terrorist hunter and prosecutor may be hiding in …

Mexicoleaks Takes Aim at Capitalism, Free Markets?

An organization of Mexican civil society groups are gearing up for a seemingly innocent anti-corruption campaign when, in reality, they may end up hurting efforts to expand freedom, rule of law, and capitalism. This is not the first organization in the region, nor will it be the last, to dedicate itself to uncovering corruption. There are …

Canadian Locked Up in Cuban Jail, Alan Gross Style

Through the years I’ve advised many companies and individuals about the legal rules and regulations, as well as the business risks, that go along with doing business in Cuba. Most of the time, they proceed with the transactions after securing the necessary licensing from the U.S. government. Yes, I’ve had many folks come back to me and say, …

Morning Musings

Senate says: CIA mislead on interrogation program, or so says unnamed officials who spoke to the Washington Post about a classified document. Seems like certain Senators still want an apology and are ready to re-hash the blame Bush strategy to boot. What about that investigation of Senate staffers who allegedly removed classified documents from a …

Morning Musings

The House and Senate agree on a Russia sanctions bill over the Ukraine matter, while Democratic Representative says Crimea annexation a good thing. Former President Jimmy Carter says he would pardon Edward Snowden if the law-breaker should ever be tried and convicted in a U.S. court. No surprise coming from the President whose CIA director, Stansfield Turner, …

Musings Around Town

Venezuela sent out the stormtroopers to crackdown on peaceful demonstrations, more civilians died. Meanwhile opposition leaders who spoke in various Washington, DC fora face charges of treason upon return to Cubazuela or Venecuba. That’s how Venezuela treats its Members of Congress. The war of words, not sanctions, is in full swing over the Ukraine. If only this much …

Musings Around Town

Good to see that the NSA has, finally, started to ‘unequivocally’ defend itself, contradicting months of spin by the private sector. This development may signal that Congressional oversight is closing in for a political kill next week. I’d like to know what tools the private sector have used in their business, against customer wishes and authorizations? We …

Ides of March and Corruption

Over at the FCPA Ethics and Compliance Blog, Tom Fox, Esq. has a timely and excellent post on the “Ides of March”. The premise is a good one. Company anti-corruption policies and procedures should, often, apply to dealings with customers, not just vendors or counter-parties. In the economic sanctions world for example, the one I …

Musings Around Town

Scared of the NSA? While the odd Congressional war on the NSA continues, you should be more concerned what Target, and all of corporate America, is doing to protect customer data security. The Obama’s legacy for NSA and IC reform? Weakening U.S. national security. Last Thursday the U.S. government charged one of the world’s largest …

Miami Businessman tells Reporter: Mark-Up Goes to Pay “Bribes” in Cuba

In my line of work clients ask a lot of hypothetical questions. Practice law long enough and you’ll see that kicking the tires is a favorite pastime for many clients. Intellectual legal ping pong can be interesting. At the end of the match however, I  toss in this caveat: there is no  hypothetical defense when your caught …

Cuba Anti-Corruption Efforts: The Wolf at the Door (and Cuba is the Wolf)

The Cuban government, like most communist and socialist countries, does not like foreign investors. It is viewed as a poison that should only be allowed under extreme vigilance by the state and when absolutely necessary. If your a foreigner planning to invest in Cuba, be prepared to lose all your money as well as your reputation. …

USSR, I Mean Russia, Prosecutes Dead Lawyer for Tax Evasion

The Russian government is, if anything, a persistent creature. Russia TV reports this morning: …a district court in Moscow has ruled both the fugitive boss of the Hermitage Capital investment company and its late auditor guilty of tax evasion … If your not familiar with the Magnitsky case, you can read more about it in the …

Cuban Communist Party “Purges” Roles Under a Guise of Corruption Cleansing

According to a recent Miami Herald story, Cuba is cleaning up corruption within the government. Not sure if the Miami Herald is just plain gullible or, more likely, it is not interested in reporting the truth about how Communist Cuba works. The entire ruling system on that island is corrupt. From the grass roots to …