Tag: Corporate crime
California says $5 million Ponzi scam bilked older Filipinos
SACRAMENTO, Calif. — California's attorney general on Friday charged 15 people with conspiring to defraud mostly elderly victims of Filipino descent out of a...
NY attorney general says Trump Org probe is now criminal
NEW YORK — The New York attorney general's office said Tuesday that it is conducting a criminal investigation into former President Donald Trump's business...
Explainer: What does new criminal inquiry mean for Trump?
NEW YORK — Donald Trump is facing a one-two punch of criminal investigations in New York, with the state attorney general’s office saying its...
Prison group sues to keep immigrant detention center open
SEATTLE — Private prison corporation GEO Group has sued Washington state, saying a new law mandating the closure of the immigrant detention center it...
Samsung thrives as Seoul mulls pardon of corporate heir
SEOUL, South Korea — Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison...
Germany arrests businessman over dual-use exports to Russia
BERLIN — A businessman suspected of helping Russia purchase sophisticated machinery in breach of arms export rules has been detained in Germany, prosecutors said...
South Africa’s ex-president says he is ready for graft trial
JOHANNESBURG — Former South African president Jacob Zuma says he is ready for his trial on charges of corruption, racketeering, and money laundering.
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Feds say Swiss company to pay $77M over US tax evaders
NEW YORK — Switzerland’s biggest and oldest life insurance company will pay more than $77 million to the U.S. Treasury after admitting it helped...
State Street Corporation to pay $115M criminal penalty
BOSTON — State Street Corporation has agreed to pay a $115 million criminal penalty to resolve charges that it schemed to defraud clients by...
Corruption case of ex-Massachusetts mayor heads to jurors
BOSTON — Lawyers made their final pitch to jurors Monday in the fraud and corruption case against a once-celebrated young Massachusetts mayor, painting contrasting...