How Offering Cookies and Chocolates Can Expand Your Business:
Stericycle Settles Parallel U.S. and Brazilian Bribery
Investigations
On April 20, 2022, Illinois-based waste management company
Stericycle, Inc. agreed to pay more than $80 million to resolve
parallel civil and criminal charges brought by U.S. and Brazilian
authorities related to alleged bribery of foreign officials in
Argentina, Brazil, and Mexico.1 According to the
settlements, Stericycle made hundreds of bribe payments totaling
approximately $10.5 million over a four-year period to foreign
officials, profiting by at least $21.5 million. In addition to
fines, the company agreed to a two-year compliance monitor,
reflecting the government's updated policy of imposing
monitorships when the government views a compliance program as not
fully implemented or tested prior to settlement.2
