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Chilean Airliner Agrees to $12.75 Million Penalty Following FCPA Suit - FormerFeds, LLC - Business Development and Compliance
Cinnaminson, NJ- Chilean airline LATAM has agreed to pay a $12.75 million fine as part of a DPA in its FCPA investigation. The private group operated a shell company that provided faulty contracts, which were virtually bribes, to Argentine officials, in turn leading to their neighboring country’s contracting of