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John Deere, Thai and Massage parlor
John Deere executives bribed Thai officials with trips to massage parlors: feds
The maker of John Deere tractors has agreed to pay a $10 million penalty to the US government to settle charges that it lavished Thailand government officials with extravagant trips and visits to massage parlors — bribes that netted its subsidiary more than $4 million in profit.
$10M John Deere Bribery Settlement Underscores Risks of Not Integrating Acquisitions
The Securities and Exchange Commission said that in the three years after Deere bought Wirtgen Thailand, the unit plied government officials with cash, massage parlor visits and lavish sightseeing trips to Europe.
Deere & Company to Pay $9.93 Million to Resolve FCPA Violation Charges
Deere & Company, the well-known manufacturer behind the John Deere brand, has agreed to pay $9.93 million to settle charges from the U.S. Securities and Exchange Commission (SEC) for breaching the Foreign Corrupt Practices Act (FCPA).
Deere to Pay $10M in Bribery Charge: SEC
John Deere has agreed to pay nearly $10 million over allegations one of its subsidiaries bribed Thai government officials. The Securities and Exchange Commission announced Deere paid to resolve SEC charges that it violated the Foreign Corrupt Practices Act (FCPA) arising out of bribes paid by its subsidiary,
Deere agrees to pay $10 million to settle SEC bribery charges
Securities and Exchange Commission announced that Deere & Company will pay nearly $10 million to settle an SEC investigation into a bribery scheme.
SEC fines John Deere about $10 million for bribery scheme in Thailand
John Deere, the major farm equipment manufacturer based in Moline, Illinois, was fined about $10 million for a bribery scheme led by its subsidiary in Thailand, according to the Securities and Exchange Commission.
Deere to pay $10 million for subsidiary's alleged participation in bribery scheme
The Securities and Exchange Commission said employees of the subsidiary, Wirtgen Group in Thailand, bribed Thai government officials to win contracts.
SEC Charges John Deere With FCPA Violations for Subsidiary's Role in Thai Bribery Scheme
September 10, 2024) - The Securities and Exchange Commission today announced that Deere & Company, which does business as John Deere, agreed to pay nearly $10 million to resolve SEC charges that it violated the Foreign Corrupt Practices Act (FCPA) arising out of bribes paid by its wholly owned subsidiary,
John Deere to pay $10M to settle FCPA violations by subsidiary in Thailand
Illinois-based manufacturer John Deere will pay approximately $10 million in penalties and disgorgement to the Securities and Exchange Commission for violating the Foreign Corrupt Practices Act with bribes paid by a Thai subsidiary.
Deere to pay nearly $10M to resolve Thai subsidiary’s bribery charges
Deere & Co. agreed to pay nearly $10 million over charges its Thai subsidiary used massage parlor “entertainment” as bribes.
9h
Behind the Scenes of Deere's Latest Options Trends
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating ...
JD Supra
1d
Compliance into the Weeds: Everything Old is New Again – The John Deere FCPA Enforcement Action
In this episode, Tom Fox and Matt Kelly take a deep dive into the recent Securities and Exchange Commission FCPA enforcement action involving
John
Deere
. The case centers on a $10 million civil ...
farm-equipment
10h
See & Spray Customers See 59% Average Herbicide Savings in 2024
To put that into perspective, these savings are the equivalent of 12 Olympic-sized swimming pools over an area larger than the state of Rhode Island.
asreport.americanbanker
13d
John Deere Owner Trust looks to raise $1.4 billion in equipment finance
The pool consists of 16,272 contracts, with an average contract balance of $93,502. On a weighted average (WA) basis, the ...
12d
SMALL TOWNS: A John Deere lover’s Disneyland
Over 65 years, a Calumet County man amassed a one-of-a-kind collection of John Deere tractors. We went to Forest Junction to ...
3d
on MSN
Watsonville police looking for owner of abandoned John Deere disc plow
The Watsonville Police Department needs your help finding the owner of a John Deere disc plow that was recently found ...
Grainews
1d
VIDEO: John Deere rolling out new air carts for 2025
John Deere is introducing the new C Series air carts for model year 2025. At Ag in Motion this past summer, ...
IJR
2d
DEVON WESTHILL: Companies Are Getting Back To Business And Backing Away From DEI
Classic American companies like John Deere, Harley Davidson and Tractor Supply Co. are finally reevaluating Diversity, Equity ...
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