Navinder Sarao abused sophisticated technology to make a quick profit, over its ties to pharmacies and marketing, dispute involves the classification of EpiPen as a generic, three months in a U.S. prison for conspiring to manipulate Libor, using the money he stole to support his extravagant lifestyle
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Sarao, 37, was accused of making $40 million spoofing CME Group Inc.'s stock futures market over five years, disturbing web of influence exerted over parts of the South African state, $10.5 million in payments to a consultant on its Simandou iron ore project
His initial appearance in federal court in Chicago was delayed Tuesday until Wednesday morning, "On one hand, we are number one in economic growth and on the other we are ranked 100 in global corruption rankings," , an independent agency to investigate graft among senior public servants
Back in September 2015, and again in November 2015, Volkswagen and Audi admitting using defeat device software to activate emissions controls when diesel cars were being smog tested, but deactivate such controls during normal on-road driving. Volkswagen took the position that the diesel defeat device was an isolated incident, which it dubiously blamed on "rogue engineers."
about $5 million in "potentially improper payments", $32.1 million under a new settlement over the swindler's ties to Cohmad Securities Corp, sanctions violations and poor anti-money laundering controls, liable for helping underwrite more than $7.7 billion of mortgage-backed securities
Big Four accounting firms are so bad at catching fraud that they couldn't even catch a cold, LIA is now likely to seek permission from the Court of Appeal, Sarao is accused of 22 counts of wire fraud, commodities fraud, commodities manipulation and "spoofing" , federal judge upheld a block on creditors' ability to file lawsuits against the government of Puerto Rico
HSBC'S Swiss bank has been investigated in several countries, a ruling that could end up costing Armstrong $100 million, WV AG blasted Mylan NV's announced $465 million settlement with the U.S. Justice Department, legions of unwanted accounts for customers. school deliberately falsified attendance records and grades to receive about $32.8 million in federal funding.
whistle-blower working for one of the world's biggest pharmaceutical companies began sending anonymous tips about fraud and corruption, HUS grant not used for that purpose, found guilty of conspiracy to commit healthcare fraud
From the U.S. District Court for the Northern District of California: The Court is pleased to announce the selection of six new Lawyer Representatives to the Ninth Circuit Judicial Council. These six accomplished attorneys will serve for three years, joining twelve continuing lawyer representatives and replacing six who have completed their three years of service. The Court also specially acknowledges the additional service for 2017 of the two new co-chairs, Peter Borkon and Charlene (Chuck) Shimada.
Porsche averages the fewest recalls and Volkswagen the most. Tesla is the most timely in issuing recalls and Mazda the slowest. These are among the findings of a new study by website iSeeCars.com, which looks at long-term auto company recall performance. The study used data from the National Highway Traffic Safety Administration from January 1985 through September...
Citigroup Inc. said Monday that it is cooperating with an industrywide investigation, Ormat exploited the resources of the United States Government in order to finance one of the most expensive geothermal boondoggles in history, $663 million judgment against Trinity — the largest in the history of the False Claims Act
alleged that Goldman had taken advantage of the lack of sophistication at the fledgling Libyan fund, state-run company's crumbling finances are causing operational disruptions, SEC reviewing key whistleblower provisions, will provide more than $277 million to victims of Madoff's Ponzi scheme, 15-2/3 years in prison after he pleaded guilty to defrauding friends, family and a charity out of more than $38 million
BMW is recalling certain vehicles in the United States model year 2007-2011, said it is abandoning a high-profile effort to develop an aftermarket device to enable vehicles to drive themselves, petition argued that the affected vehicles are prone to transmission failure
Attorney Steve Berman said as with contracts for credit cards, cell phones and other consumer products, home improvement contractors are jumping on the binding arbitration bandwagon.
pledges to clean up the scandal-prone City of London, with bribery having turned into a "highly organised, almost professionalised, business, an anti-fraud measure whose extraordinary success is a timely reminder of what's possible, official corruption and loose living that is best described as "Lifestyles of the Venal and Disgraced."
to resolve an investigation by 33 U.S. states over the their 2012 mileage restatements, recall notices had been issued but repairs were never made, deadly defects and how sellers have few obligations to disclose those defects to the public, nearly 700,000 vehicles being recalled so far this month in the U.S., deadly GM ignition switch defect
Firms' compliance manuals and contracts will be scrutinized to ensure employee protection, accused the banks of conspiring with rivals to rig the Libor benchmark interest rate, alleged looting of Venezuela's state oil company in what may amount to one of the biggest asset seizures in U.S. history.
Volkswagen admitted last year that the cars were programmed to cheat on emissions tests, faulty air bag inflators made by Takata Corp including those used as replacement parts following a 2010 recall, 5,500 others in Spain in filing a class-action lawsuit against VW,
EpiPen won't answer this yes or no question, Robert Carey, attorney with Hagens Berman in Phoenix, AZ told the Northern California Record, legislation to ensure suppliers to the Union Army were not cheating the government, assist the IRS in identifying violations of tax law and collecting funds that might otherwise be lost to tax evasion
more than $83 million in profits as a result of bribe payments, Enron. Worldcom. The Madoff scandal. The mortgage meltdown. Now Wells Fargo, executive accused of participating in a fraudulent scheme involving a $3.5 billion currency transaction, A clever bank meets an unsophisticated customer with a huge pile of cash
