Corporate Bribery: The Biggest Scandals (SLIDESHOW)
Lavish gifts, briefcases full of cash, greased palms. Recently, several large, multinational corporations have been accused of violating the Foreign Corrupt Practices Act, a forgotten Nixon-era law prohibiting bribery. There's good reason to believe bribery has long been a common practice for companies doing business abroad.
In the last few years, the Justice Department has begun going after companies suspected of bribing foreign officials. According to the Wall Street Journal, over 120 companies are currently under investigation for violating the FCPCA, including some of the biggest names in the corporate world. These companies have paid millions of dollars in penalties to resolve bribery cases.
For more, see the Journal's story on corporate bribery, or view our slideshow below: