FirstEnergy to pay $230M in agreement in Ohio bribery case

AP NEWS

The energy giant at the center of a $60 million bribery scheme in Ohio admitted Thursday to using dark money groups to fund the effort, and agreed to pay $230 million and other conditions so prosecutors won’t forge ahead with a criminal case against the company. read more »

Deutsche Bank Enabled ‘Massive’ U.S. Ponzi Scheme, Lawsuit Says

BLOOMBERG

Deutsche Bank AG is accused of turning a blind eye to a years-long Ponzi scheme that involved fraudulent investments in Florida, expanding the growing list of legal and compliance headaches for Chief Executive Officer Christian Sewing. read more »

UK Fraud Watchdog Digs into Alleged Mine Bribes in DR Congo

OCCRP

The U.K.’s Serious Fraud Office (SFO) is investigating alleged corruption in mining deals in the Democratic Republic of Congo (DRC), where foreign companies purportedly bribed officials up to US$360 million between 2006 and 2011. read more »

Complaint alleges group funneled data from RNC to lawmakers

STAR TRIBUNE

A prominent conservative group funneled valuable information about Republican voters between the Republican National Committee and state lawmakers, a move that violated its nonpartisan status and tax law, according to a whistleblower complaint filed Tuesday with the Internal Revenue Service. read more »