For Bribes and Kickbacks?

A bribe is usually defined as the giving or receiving of a “thing of value” to corruptly influence the actions of another, most commonly to influence a contract award or the execution of a contract. A “kickback” is a bribe paid incrementally by the contractor as it is paid.

What is an example of a kickback?

One example of a kickback is the submission of an inflated or fraudulent invoice for goods and services that are of inferior quality or items that are not needed. An employee of the company purchasing the unneeded goods will then secure the payment for the company submitting the fraudulent invoice.

Are bribes and kickbacks illegal?

What are bribery and other illegal payments (kickbacks)? Offering, receiving, or soliciting something of value for the purpose of influencing the action of an official in the discharge of her public or legal duties is illegal in both the domestic and international contexts.