The former head of Barclays Capital Inc.'s (Barclays) New York foreign exchange trading operation was charged yesterday in an indictment for his alleged role in a scheme to defraud a client of Barclays through a method commonly referred to as "front-running." The charges relate to the manipulation of foreign exchange options in advance of an exceptionally large trade by the Palo Alto, California-based Hewlett-Packard Company.
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After scores of owners filed safety complaints or shared concerns through social media, Fiat Chrysler Automobiles said Friday that it was recalling nearly 154,000 Chrysler Pacifica minivans to fix an issue that has caused some to stall suddenly while being driven.
A federal judge has overturned a $347.9 million judgment against nursing facility operators affiliated with Consulate Health Care in a lawsuit accusing them of submitting false or fraudulent claims for payment to Medicare and Medicaid.
Ford truck owners filed a lawsuit against the auto company Wednesday claiming it rigged thousands of trucks to beat emissions tests.
A Luxembourg court on Thursday overturned a verdict against a former accounting firm employee who leaked thousands of secret documents to a journalist investigating sweetheart tax deals the government granted to big foreign companies. The Court of Cassation ruled that Antoine Deltour should have been recognized as a whistleblower, a status that could afford him additional legal protection. It ordered judges to reconsider
From a penthouse on Central Park, Guo Wengui has exposed a phenomenal web of corruption in China's ruling elite — if, that is, he's telling the truth. Guo pitches himself as a former insider, a man who knows the secrets of a government that tightly controls the flow of information.
A whistleblower has settled a lawsuit filed against a Centennial aerospace company formed by Lockheed Martin and The Boeing Company that claimed the company defrauded the U.S. government out of at least $90 million by grossly overcharging for employee work hours.
The emissions scandal has damaged public trust in carmakers. It is time for them to be transparent and honest about the challenges they now face.
The Whistleblower Office Report to Congress for the fiscal year ending September 30, 2017 was released on January 4, 2018. Bitcoin changes prices too quickly to be a currency and processes transactions too slowly to be a payments system, but it is juuust right for teaching libertarians everything they don't know about economics.
Whistleblowers assume risks when they choose to report fraud or wrongdoing, but an even greater jeopardy comes with blowing the whistle without knowing the basics
The U.S. Securities and Exchange Commission warned Thursday that investors should "exercise caution" with cryptocurrencies like bitcoin, noting state and federal regulators may not be able to recoup any lost investments from illegal actors.
Intel CEO Brian Krzanich sold off a large portion of his stake in the company months after Google had informed the chipmaker of a significant security vulnerability in its flagship PC processors — but before the problem was publicly known.
Bitcoin is losing its luster with some of its earliest and most avid fans -- criminals -- giving rise to a new breed of virtual currency.
Federal safety officials are investigating whether a Ford Motor Co. transmission recall should be widened to fix more than a million additional vehicles. Maserati North America Inc. is recalling more than 1,000 of its newest luxury cars to fix leaky fuel pipes that increase the potential for an engine fire.
The $80 Billion Train Project Caught in Scandal - A scandal threatens to put the brakes on Japan's plan to build the world's fastest train.
Japan's Subaru Corp (7270.T), already smarting from a vehicle inspection scandal at home, said it was now investigating whether mileage readings may have also been falsified during final checks, driving its shares down as much as 8 percent.
A New York lawyer who once advised Martin Shkreli was convicted on Wednesday of helping him defraud a pharmaceutical company, a charge a different jury cleared the drug executive of when it found him guilty of securities fraud earlier this year.
Fiat Chrysler lawyers are now holding discussions with lawyers representing various owners and owners groups of diesel vehicles in the US that are in the process of suing the prominent auto manufacturer, in relation to allegations of excess emissions in old diesel models.
More than 1.8 million Ram trucks could unexpectedly roll away under certain circumstances and will be recalled, according to Fiat Chrysler Automobiles.
The agreement resolves allegations arising from a lawsuit brought under the qui tam, or whistleblower, provisions of the False Claims Act, which permit private citizens with knowledge of fraud against the government to bring an action on behalf of the United States and to share in any recovery.
