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The government awards contracts to companies with histories of misconduct such as contract fraud and environmental, ethics, and labor violations. In the absence of a centralized federal database listing instances of misconduct, the Project On Government Oversight (POGO) is providing such data. We believe that it will lead to improved contracting decisions and public access to information about how the government spends hundreds of billions of taxpayer money each year on goods and services. Report an instance of misconduct »

BearingPoint Inc.

Violations of the Foreign Corrupt Practices Act

Date: 03/27/2006 (Date Subpoena Received)

Misconduct Type: Ethics

Enforcement Agency: SEC

Contracting Party: None

Court Type: Administrative

Amount: $0

Disposition: Pending

Synopsis: The Security and Exchange Commission and Department of Justice are investigating incidents of possible non-compliance with the Foreign Corrupt Practices Act by certain BearingPoint operations in China. On March 27, 2006, the company received a subpoena from the SEC. It is alleged a subcontractor made payments to officials at state-owned organizations in China.