Want Compliance Headaches to End? Maybe Companies Should Stop Cheating…

If you think that the buzz over compliance and corporate scandals is dying down, just check out this week’s headlines. The former CEO of an online home listings company was recently sentenced to 15 years after a jury found him guilty in a scam in which he used fake transactions to boost the company’s advertising sales numbers. Federal investigators have apparently launched an antitrust investigation involving the SRAM (static random access memory) market, which makes chips for mobile phones and other low-power devices. And Oracle has agreed to pay the U.S. government $98 million to settle charges that PeopleSoft provided incorrect pricing information to the General Services Agency and, as a result, was overpaid.