A-
Please
choose the right option
In – On 2017, Western Union acknowledged that it had
violated the Bank Secrecy Act. But instead of facing prosecution, the
corporation — whose - which reported annual revenue was $5.3 billion in
2019 — entered a deferred prosecution agreement (DPA) with the United States.
By agreeing to the DPA, Western Union avoided prosecution and agreed paying - to pay $586 million to ists victims.
More recently, aerospace giant Airbus — that – whom last year reported revenue of $70.5 billion — entered a DPA and avoided criminal prosecution for corruption in multiple countries. Officials accused Airbus of- with using intermediaries to bribe public officials and the company paid a $4 billion fine.
Then there’s General Motors. The automaker admitted that its long-hidden
ignition problem killed – might kill at least 124 people in the span of a decade. While – However, GM, that
reported $137.2 billion in revenue in 2019, escaped prosecution by entering a DPA in 2016 and paying a $900 million fine.
Neither of – None of these cases are exceptional. Actually - Instead,
they are typical of how major corporate crime is handed - handled, with
negotiated payments rather than prosecution, conviction and punishment.
The Department of Justice wants to avoid to drive - driving a
large company out of business. For example, the shuttering of accounting firm
Arthur Andersen after the Enron prosecutions was a lightning-rod event, one the
DOJ wants prevent – to prevent from repeating
B - How
about getting the underlined answers?
1 In 2017 Western Union acknowledged wire fraud in violation of the Bank Secrecy Act.
3. Western Union agreed to pay $586 million to its victims.
4. Airbus used intermediaries to bribe public officials.
5. GM hid ignition problems for a decade.
6. GM escaped prosecution by entering into a DPA in 2016 and paying a $900 million fine.
