Cash payments, massage parlor visits, international travel were used to bribe government officials and private companies to win business, SEC says.

John Deere has agreed to pay nearly $10 million over allegations one of its subsidiaries bribed Thai government officials. The Securities and Exchange Commission announced Deere paid to resolve SEC charges that it violated the Foreign Corrupt Practices Act (FCPA) arising out of bribes paid by its subsidiary,

The maker of John Deere tractors has agreed to pay a $10 million penalty to the US government to settle charges that it lavished Thailand government officials with extravagant trips and visits to massage parlors — bribes that netted its subsidiary more than $4 million in profit.

The Securities and Exchange Commission said that in the three years after Deere bought Wirtgen Thailand, the unit plied government officials with cash, massage parlor visits and lavish sightseeing trips to Europe.

Securities and Exchange Commission announced that Deere & Company will pay nearly $10 million to settle an SEC investigation into a bribery scheme.

Deere & Company, the well-known manufacturer behind the John Deere brand, has agreed to pay $9.93 million to settle charges from the U.S. Securities and Exchange Commission (SEC) for breaching the Foreign Corrupt Practices Act (FCPA).

John Deere, the major farm equipment manufacturer based in Moline, Illinois, was fined about $10 million for a bribery scheme led by its subsidiary in Thailand, according to the Securities and Exchange Commission.

Deere & Co. agreed to pay nearly $10 million over charges its Thai subsidiary used massage parlor “entertainment” as bribes.