Toray Chemical Korea

VA 2014 Municipal Government

DOJ Fraud

Penalty

$2.1 million

Outcome

Toray Chemical Korea Resolves Attempted Theft Of Trade Secrets Investigation And Agrees To Pay Over $2 Million Penalty

Details

Toray Chemical Korea — DOJ Enforcement (2014)

DOJ took enforcement action against Toray Chemical Korea in VA in 2014 involving fraud violations in the Municipal Government sector.

Penalty: $2.1 million

Violation types: Fraud
Entity type: Municipality
Penalty type: Criminal
Location: VA

Source: DOJ Press Release — Toray Chemical Korea Resolves Attempted Theft Of Trade Secrets Investigation And Agrees To Pay Over $2 Million Penalty

How Crucible Prevents This

Crucible's compliance monitoring for Municipal Government would have detected the patterns underlying this enforcement action.

Source: DOJ Press Release — Toray Chemical Korea Resolves Attempted Theft Of Trade Secrets Investigation And Agrees To Pay Over $2 Million Penalty

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