Saturday's arrests mark 'an escalation in the risk,' reports the 'Guardian'
(NEWSER) - Saturday's arrest of five journalists at Britain's Sun over alleged bribery may have increased the likelihood of a new investigation of News Corp—on this side of the pond. The US Foreign Corrupt Practices Act makes it a crime for US companies to bribe public officials overseas, and prosecution could mean tens of millions of dollars in fines for News Corp, which is headquartered in New York, as well as jail time for executives, the Guardian reports. One FCPA law expert explains why the arrests ratcheted up the risk: They "spread the alleged bribery to a completely different newspaper, to a different segment of the company, and to other public officials." More»
