Mon, Oct 1, 2018

Rosemary Fanelli’s Forbes Article: Don't Confess the Crime if You Can't Pay the Fine

Rosemary Fanelli, Managing Director in the Compliance and Regulatory Consulting practice, contributed a piece to Forbes where she discusses the risks and rewards of self-reporting possible corporate wrongdoing to law enforcement.

"Suppose you are an employee in the accounting department of a Fortune 500 company, and you notice the company is engaging in unusual and aggressive accounting. Although unsure whether any activity is harmful to the company, you nonetheless worry the company’s activity might result in fines, imprisonment and reputational damage, so you report the matter to your supervisor, who arranges an internal review. What should the company do next?”

A copy of Rosemary's article is available here.