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The American Trap: My battle to expose America's secret economic war against the rest of the world The American Trap: My battle to expose America's secret economic war against the rest of the world by Frédéric Pierucci
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“The United States believes it has the right to prosecute any company that has concluded a contract in US dollars, or even if emails – considered as international trade instruments – have simply been exchanged, stored (or transited) via servers based in the United States (such as Gmail or Hotmail). With this law, the Americans have succeeded in pulling off a neat sleight of hand. They have transformed a law that could have weakened their own industry into a formidable instrument of underground economic warfare and intervention.”
Frédéric Pierucci, The American Trap: My battle to expose America's secret economic war against the rest of the world
“In 90 per cent of cases, the accused prefer to forgo a trial. The reason is simple: the defendants must bear the full exorbitant cost of a defence, and only the wealthiest can afford the services of a lawyer.”
Frédéric Pierucci, The American Trap: My battle to expose America's secret economic war against the rest of the world
“Such companies are then given the opportunity to sign a DPA (Deferred Prosecution Agreement). To do this, the company must agree to incriminate itself by disclosing the entirety of its practices, and if necessary, by denouncing its own staff. It must also commit to setting up an internal anti-corruption mechanism and accept the presence of a monitor, i.e. a controller who reports to the DOJ for a period of three years.”
Frédéric Pierucci, The American Trap: My battle to expose America's secret economic war against the rest of the world