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Federal Contractor Misconduct Database (FCMD)

The federal government routinely awards contracts to companies with histories of misconduct, including contract fraud and other violations. POGO believes that providing this website will help to improve contracting decisions and increase public knowledge of how the government spends billions of taxpayer dollars each year. Read more…

U.S. v. Cupo (Insider Trading)

Mark Cupo, former director of accounting and reporting at Sanofi-Aventis, pleaded guilty to taking part in an insider trading ring involving executives from three pharmaceutical companies. The scheme, which operated from 2007 to 2012, involved the participants sharing nonpublic financial information about pending mergers and acquisitions, company earnings reports, and decisions on regulatory applications. Over the five-year period, the conspirators collectively reaped more than $1.4 million in illicit profits from the scheme. Cupo, who cooperated with the government, was sentenced to 16 months in prison and ordered to pay a $700 special assessment. See related Sanofi-Aventis instance, “SEC v. Cupo (Insider Trading)”.

Misconduct Type
Securities
Enforcement Agency
Justice
Contracting Party
None
Court Type
Criminal
Disposition
Pleaded Guilty
Date of Sentencing
4/16/2014
Contractors Involved Penalty
Total
Sanofi-Aventis $700
Further Information Released
Sentence 4/16/2014
Criminal Information 10/7/2013

See also:

Federal Contractor Misconduct Database