Tag: Florida Man

2 Gurus Talk Compliance

2 Gurus Talk Compliance – Episode 44 – The Snow in Texas Edition

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Post date January 24, 2025
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Stories this week include:

Former Wells Execs Fined Millions (Radical Compliance)
Another Example of Weak Governance (Radical Compliance)
Can a Computer Learn to Speak Trader? (WSJ)
Florida Chipotle worker installed tracking device on ex-fling’s car in hopes he would ‘run into’ her: complaint (NY Post)
Wells Fargo banks on (Not) risky business. (PYMNTS.com)
What is forced labor? (BBC)
KPMG will open a US law firm in AZ. (Reuters)
Return To Office compliance. (Bloomberg)
What is the Conference of State Bank Supervisors, and why is fining Block $80MM?(CSBS)
10 Workplace Trends for 2025: What’s In and What’s Out? (Gensler)

Resources:

Kristy Grant-Hart on LinkedIn

Tom

Tags CSBS, energy trading, Florida Man, KPMG, RTO, Wells Fargo, WFM

2 Gurus Talk Compliance

2 Gurus Talk Compliance – Episode 43 – The Tribute to Jimmy Carter Edition

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Post date January 10, 2025
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What happens when two top compliance commentators get together? They talk compliance, of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week’s episode! Today, Tom and Kristy open 2025 with a rollicking episode starting with a tribute to Jimmy Carter, who signed the FCPA.

Stories this week include:

Do a premortem on your compliance program this year? (WSJ)
Is litigation financing justice? (WSJ)
Lady MacBeth lives. (Greek Reporter)
Is CFIUS Corrupt? (WSJ)
Auditing firms call the value of metrics ‘speculative.’ (FT)
On the Front Lines of the Trade War: How Customs Officers Screen for Prohibited Goods at U.S. Ports (WSJ)
Ephemeral and Off-Channel Communications – Are we missing the serious questions? (Ideas and Answers)
Businesses Preparing for Another Year of Geopolitical Tumult (WSJ)
Will 2025 Be the Watershed Year for Return-to-Office Mandates? That Depends. (WSJ)
The Florida Man Games Return on March 1, 2025 (thefloridamangames.com)

Resources:

Kristy Grant-Hart on LinkedIn

Tom

Tags Auditing firms, CFIUS, ephemeral messaging, Florida Man, Lady MacBeth, litigation financing, Off-Channel Communication, pre-mortem, trade sanctions

2 Gurus Talk Compliance

2 Gurus Talk Compliance – Episode 42 – The Holiday Edition

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Post date December 20, 2024
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What happens when two top compliance commentators get together? They talk compliance, of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week’s episode! Today, Tom and Kristy look back at some of their favorite stories from 2024.

Stories this week include:

Boeing DPA and Monitor
Deere FCPA Enforcement Action
TD Bank AML enforcement action
McKinsey-Opioid and FCPA resolutions
Elon Musk’s pay package and corporate governance
Musings from the bottom of the world
DOJ has received 200 tips since launching the whistleblower program (LEGALDIVE)
Sam Bankman-Fried and FTX
NYC Mayor Eric Adams, his corruption charges, and a possible Trump Pardon
The Greatness of Florida Man

Resources:

Kristy Grant-Hart on LinkedIn

Tom

Tags AML, Boeing, Elon Musk, FCPA, Florida Man, FTX, John Deere, SBF, TD Bank, TD Bank America, Tesla

2 Gurus Talk Compliance

2 Gurus Talk Compliance – Episode 41 – The Where Are We Headed Edition

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Post date November 15, 2024
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Stories This Week Include:

End of ESG and crypt initiatives at SEC. (WSJ)
What science reveals about corruption. (El Pais)
FinCEN, corruption, and the real estate industry. (Reuters)
Would you trust Mattel to list your website? (NYT)
Fat Leonard was sentenced. (NYT)
10 Compliance Lessons Learned from the Telefónica Venezolana FCPA Enforcement Action (JDSUPRA)
DOJ has received 200 tips since launching the whistleblower program (LEGALDIVE)
Retaliation – The Reality From passive policy to a data-driven active anti-retaliation program (IDEAS & ANSWERS)
Connect With One Old Colleague or Boss (WSJ)
A quick guide to rekindling a business relationship gone dormant—and why it’s important to do it
Ex-Disney Employee Accused of Hacking Disney World Menus, Changing Font to Wingdings (404 MEDIA)

Register for the First Annual Compliance Podcast Network, Agora Awards for Excellence in Podcasting. Our inaugural winners are Mary Shirely and Lisa Fine for co-founding Great Women in Compliance. The event is free on Tuesday, November 19, from 12-3 PM ET. Registration and Information here.

Resources:

Kristy Grant-Hart on LinkedIn

Tom

Tags corruption, DOJ, Fat Leonard, FinCen, Florida Man, Mattel, SEC

2 Gurus Talk Compliance

2 Gurus Talk Compliance: Episode 40 – The Celebration of Corporate Compliance Week Edition

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Post date November 1, 2024
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Co-hosts Kristy Grant-Hart and Tom Fox tackle high-profile compliance issues in this episode. They start with Boeing’s cultural failures, highlighted by the Wall Street Journal. They question whether Boeing is too big to fail and emphasize the need for a comprehensive monitorship. The topic then shifts to AI, specifically the Consumer Financial Protection Bureau’s warnings about employee surveillance. The hosts discuss the potential cultural problems and lack of respect for workers stemming from AI-driven monitoring tools, advocating for a balanced workplace surveillance approach.

Next, we cover the harrowing story of a Binance compliance officer detained in Nigeria under dubious charges and celebrate the appointment of an ethics and compliance chief at OpenAI. They explore the challenges of managing AI ethics at such a high-profile company. Kristy and Tom also discuss the controversial new UK law aimed at preventing workplace sexual harassment, the work burnout epidemic among Gen Z workers, and the scandalous allegations against Abercrombie’s former CEO for sex trafficking. The episode looks light-heartedly at a Florida man’s bizarre bacon heist.

Stories Include:

What went wrong at Boeing. (WSJ)
Charges dropped against Tigran Gambaryan in Nigeria. (Wired)
Open AI hires first E&C chief. (Bloomberg)
Preventing bad behavior at work. (FT)
Former A&F CEO arrested for sex trafficking. (WSJ)
U.S. Consumer Watchdog Cautions Businesses on Surveillance of Workers (WSJ)
AI Assistants are Blabbing Our Work Secrets (Washington Post)
Four great ideas for your Compliance and Ethics week (BROADCAT)
Why Are So Many Gen-Zers Fit to Quit? (INC.)
Florida man arrested for pulling off $100,000 frozen bacon heist (KYMA)

Register for the First Annual Compliance Podcast Network Agora Awards for Excellence in Podcasting. Our inaugural winners are Mary Shirley and Lisa Fine for co-founding Great Women in Compliance. The event is Tuesday, November 19, from 12 to 3 PM ET and is free. Registration and Information are here.

Resources:

Kristy Grant-Hart on LinkedIn

Tom

Tags Boeing, Corporate Compliance Week, Employee Surveillance, Florida Man, Open AI

2 Gurus Talk Compliance

2 Gurus Talk Compliance: Episode 39 – The TD Bank Edition

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Post date October 18, 2024
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What happens when two top compliance commentators get together? They talk compliance of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week’s episode!

In this episode, co-hosts Kristy Grant-Hart and Tom Fox tackle several high-profile compliance issues. They start with TD Bank’s $3 billion money laundering scandal, exploring how inadequate compliance measures and lack of investment enabled a decade-long operation involving $18.3 trillion in questionable transactions. The discussion critiques the penalties imposed on TD Bank and reflects on the broader industry implications. The hosts then shift focus to collateral damage from fentanyl, human trafficking, modern slavery, and terrorist financing, spotlighting the OCC’s novel restrictive actions and an SEC enforcement case involving Indian bribery schemes by Moog.

Transitioning to corporate compliance dynamics, the podcast covers the Texas incident involving Deloitte’s mishandling of a convicted felon’s loan application, raising significant questions about due diligence. Frances Haugen’s advocacy for stronger whistleblower protections, particularly in the AI sector, gets highlighted. The episode concludes by addressing the legal ramifications of anti-boycott provisions, the complexities of election season in the workplace, and recent developments in the Boeing case, encapsulating these serious discussions with a humorous note on a bizarre Florida man incident.

Stories Include:

TD Bank Money Laundering Scandal
Caremark Claims and Broader Implications
Indian Bribery Case and SEC Enforcement
Debating the ECCP Guidance
Texas’ $5 Billion Power Plant Scandal
Facebook Whistleblower Frances Haugen Speaks Out
Understanding Anti-Boycott Provisions
Managing Politics in the Workplace
Boeing’s Legal Troubles and DEI Concerns
Florida Man’s Unusual Drug Complaint

Resources:

Kristy Grant-Hart on LinkedIn

Tom

Tags 2024 ECCP, anti-boycott, Boeing, Florida Man, Moog FCPA enforcement action, SEC, TD Bank, whistleblowers, workplace politics

2 Gurus Talk Compliance

2 Gurus Talk Compliance: Episode 38 – The SCCE Wrap Up Edition

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Post date October 4, 2024
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In this episode of the ‘Two Gurus Talk Compliance Podcast,’ hosts Kristy Grant-Hart and Tom Fox delve into recent updates and stories in the compliance world. They explore the DOJ’s latest guidance on corporate compliance programs, highlighting themes of data access and the role of AI. Discussion on domestic bribery leads to the case against NYC Mayor Eric Adams for alleged violations, including unauthorized travel expenses. The hosts also analyze four significant trade sanction cases detailed by Michael Volkov, illustrating the importance of rigorous compliance measures. Notable segments include the investigation into Binance’s hefty compliance investments, the influence of competition on corporate culture, and current issues in internal controls. A curious case on Caremark claims against Wells Fargo’s board is mentioned, providing insights into potential legal trends. The podcast closes with a humorous touch on a Florida man’s recurring jail visits due to retail fraud. The episode is a comprehensive overview of key compliance topics marked by real-world examples and expert insights.

Stories Include:

How Binance found that old time ‘compliance’ religion. (WSJ)
Wells Fargo must face Caremark claim. (Reuters)
SEC fines 11 more firms for failures in messaging apps. (SEC Press Release)
4 top sanctions cases. (Corruption, Crime and Compliance)
On the importance of internal controls. (Harvard Law School Forum on Corporate Governance)
Revamped Compliance Program Guidance! (Radical Compliance)
Canada, Mexico Should Halt China Forced-Labor Imports, U.S. Lawmakers Say. (WSJ)
NYC Mayor Eric Adams accepted harmless ‘courtesies,’ not bribes, his lawyer says (AP)
Companies Like to Pit Internal Teams Against Each Other. Bad Idea. (WSJ)
57-year-old Florida man goes to jail for 75th time (WTSP)

Resources:

Kristy Grant-Hart on LinkedIn

Tom

Tags 2024 ECCP, Binanace, Florida Man, Forced Labor, sanctions, SEC, Well Fargo

2 Gurus Talk Compliance

2 Gurus Talk Compliance: Episode 36 – The Fall is Here Edition

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Post date September 6, 2024
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In this episode, Kristy and Tom discuss a range of vital topics in the compliance and legal world. They delve into the implications of the recent election on sanctions and OFAC policies, highlighting a rare decline involving Boston Consulting Group. The episode also covers significant enforcement actions, challenges of corruption in California and South Africa, and the role of chief resilience officers in corporate risk. Additionally, they share quirky and alarming anecdotes, such as a man attempting to check a human as luggage, and emerging trends in the ever-evolving compliance landscape.

Stories Include:

PE Partners loses equity for FCPA violations. (WSJ)
Tough U.S. Sanctions Packages Are Here to Stay—Whether It’s Harris or Trump – (WSJ)
Nordea Bank to pay $35MM for AML violations. (WSJ)
BCG receives a Declination. (WSJ)
RTX to pay $1.2bn for trade sanctions violations. (Radical Compliance)
South Africa investigating $7bn worth of corruption at state-owned enterprises. (Toronto Star)
How California Became a New Center of Political Corruption (NYT)
How Do You Change a Chatbot’s Mind? (NYT)
Now Hiring: Chief Resilience Officer. Do You Have What It Takes? (CCI)
Shrink-Wrapped Florida Man Tries to Check-In as Luggage at Miami International Airport – Simple Flying: HERE

Resources:

Kristy Grant-Hart on LinkedIn

Tom

Tags BCG, chat bots, CRO, Florida Man, Nordea BAnk, RTX, South Africa, trade sanctions

2 Gurus Talk Compliance

2 Gurus Talk Compliance: Episode 34 – The Whistleblower Edition

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Post date August 9, 2024
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In this episode, Kristy and Tom delve into an array of timely topics. They discuss how and why HR is now seen as the ‘Department of Misery.

The duo takes a deep dive into the new DOJ Whistleblower Incentive Program. They also discuss the huge Meta settlement with the state of Texas, SFO prosecutions and corporate felony convictions. Of course, Florida man makes an appearance with another great tale. Tune in for a comprehensive mix of compliance nuts-and-bolts insights and current events.

Stories Include:

For Big Companies, Felony Convictions Are a Mere Footnote (WSJ)
HR: the Department of Misery? (NYT)
Can a corporate vote overturn a court decision? (FT)
Income inequality and corruption. (The Economic Times)
The DOJ announces a whistleblower incentive program. (WSJ)
Glencore trader criminally charged by SFO for bribery. (FT)
OFAC Releases Guidance on Extended Statute of Limitations & Forthcoming Recordkeeping Changes (Volkov) – VolkovLaw
Meta agrees to $1.4 billion settlement in Texas biometric data lawsuit over Facebook images (CNBC)
Will AI kill meaningless jobs? (NYT)
‘Before He Cheats:’ Florida woman accused of keying ‘CHEATER’ on man’s car (Click Orlando)

Resources:

Kristy Grant-Hart on LinkedIn

Tom

Tags Boeing, DOJ Whistleblower Incentive Program, Florida Man, Glencore, HR, Meta, SFO

2 Gurus Talk Compliance

2 Gurus Talk Compliance: Episode 30 — Make a Plan

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Post date June 7, 2024
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What happens when two top compliance commentators get together? They talk about compliance, of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week’s episode!

In this episode, Kristy and Tom discuss various pressing issues and developments in compliance. Topics include the introduction of a new regulator in Europe, concerns of AI employees about retaliation for raising alarms on potential threats, California’s new workplace violence compliance requirements, and unusual attempts to use live animals as payment in Florida.

The episode also highlights the significance of the Women in Compliance conference, the importance of crisis communication strategies, and the recent extension of the sanctions statute of limitations by the U.S. government. The conversation also covers networking for job seekers and the implications of the newly formed European Financial Crime Agency. The episode concludes with a bizarre payment method by our good friend, Florida Man.

Highlights Include:

Make a plan. (NYU Compliance and Enforcement Blog)
When your employer sells you out, the Citgo 6 sues CITGO. (Houston Chronicle)
Self Disclose, Self-Disclose, Self-Disclose. (Radical Compliance)
The EU has a new financial crime agency. (WSJ)
Bringing trust to your internal reporting. (LinkedIn)
AI Employees Fear They Aren’t Free to Voice Their Concerns (WSJ)
Congress Extends Sanctions Statute of Limitations And Addresses Other National Security Issues (Corruption, Crime and Compliance)
SB 553: How to Navigate the New Workplace Violence Prevention Law (Global Guardian)
Landing a Job Is All About Who You Know (Again) (WSJ)
Florida Man Charged with Attempting to Exchange Live Alligator for Beer (FloridaHasARightToKnow.com)