Former sports talk show host Craig Carton was convicted by a federal jury in New York on Wednesday on all criminal counts connected to a multi-million-dollar fake ticket scam.
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Goldman Sachs Group Inc. Chief Executive Officer David Solomon said he felt "horrible" about the role former bank employees played in the scandal surrounding Malaysia's 1MDB fund
Two former Goldman Sachs bankers were indicted on criminal charges last week.
Private-sector whistleblowers with knowledge of unpaid taxes may be discouraged from coming forward if the Internal Revenue Service doesn't improve the form it uses to collect that data, a watchdog found.
For most of McKinsey & Company's nearly hundred-year history consulting for companies and governments around the world, the firm has enjoyed a reputation for discretion and professionalism in its work.
Two former Goldman Sachs bankers and Malaysian financier Jho Low have been hit with US criminal charges in connection with one of the world's biggest financial scandals.
The whistleblower who called attention to what could be the biggest money laundering operation in history has been given the green light to testify in front of the European Parliament, according to his lawyer.
Wells Fargo & Co will not finish paying back the estimated 600,000 customers it wrongly charged for auto insurance until at least 2020, the bank said in a letter to U.S. lawmakers
The United States has intervened in three whistleblower cases pending in the Northern District of California against Tetra Tech EC Inc. (Tetra Tech) alleging that Tetra Tech submitted false claims to the United States Navy for radiological remediation and support services provided at Hunters Point Naval Shipyard in San Francisco, the Justice Department announced today.
In fact, between $800 billion and $2 trillion two to five percent of global GDP is laundered each year, according to the United Nations Office on Drugs and Crime.
Violation Tracker is the first national search engine on corporate misconduct.
The whistleblower who helped to reveal a major money laundering scandal at Denmark's largest bank, Danske Bank (DANSKE.CO), will testify before the European Parliament and the Danish Parliament at two events in November.
The allegations resolved by this settlement include a whistleblower lawsuit filed under the False Claims Act by a former employee of a related UAMC entity, Kat Nguyen-Seligman.
A former employee of two Alabama doctors convicted of operating a pill mill may not intervene in their criminal case to claim a cut of funds they forfeited as a reward for pursuing a related whistleblower case, a federal appeals court has ruled.
Thanks to the ruling, as long as their employment contract is local they can now leak information on suspected tax evasion or other shenanigans without fear of falling under Switzerland's draconian secrecy law, which imposes jail terms of up to five years on whistleblowers.
No one knows how much dirty money is rinsed through London, but Britain's National Crime Agency (NCA) reckons British banks and their subsidiaries (including those in overseas territories) launder "many hundreds of billions of pounds" each year.
Inside the ongoing argument over whether Bitcoin, Ethereum, and the blockchain are transforming the world.
It took a whistleblower who is a former Danske official to spark serious investigations into the tiny Estonian unit, which handled more than $235 billion in non-resident transactions from 2007 to 2015 - including an untold amount that was due to money laundering.
Through its investigation under the False Claims Act, the United States determined that Arena Americas paid Military Training Solutions to bid on and obtain small business contracts that ultimately would be performed by Arena Americas.
Cryptocurrency critic Nouriel Roubini, the economist who's famous for foreseeing the 2008 financial crisis, is back in the headlines again, and this time it's because he's dissing digital money in front of the U.S. Senate.
