Financial Crime World

White-Collar Crimes in Argentina’s Criminal Code

Overview of White-Collar Crimes

Argentina’s Criminal Code outlines various white-collar crimes that are punishable by law. These crimes include fraudulent activities, bribery, influence peddling, and other related offenses.

1. Criminal Company Law and Corporate Fraud

  • This section discusses the crime of fraud administration, which requires proof of mens rea (guilty mind) and an additional purpose to gain a benefit or cause harm.
  • It provides a detailed understanding of this specific type of fraud and its consequences.

The Criminal Code establishes bribery of public officials and influence peddling as crimes against the public administration (Sections 256-259).

Penalties:

  • One to six years in prison for bribery and influence peddling
  • Additional punishments for active bribery and passive bribery involving judges or prosecutors

3. Anti-Bribery Regulation

Law 27401 governs corporate criminal liability for crimes such as bribery and influence peddling.

Corporation’s Role:

  • Implement a programme to prevent these crimes
  • Cooperate with investigations
  • Return benefits