Tag: Corporate crime
Borgata drops trade secrets lawsuit against Ocean Casino
ATLANTIC CITY, N.J. — Atlantic City's top casino has dropped its lawsuit against a rival it accused of poaching key executives and attempting to...
Actor indicted in $227M Ponzi scheme involving film rights
LOS ANGELES — An aspiring actor was indicted Tuesday in Los Angeles on suspicion of running a massive Ponzi scheme that solicited hundreds of...
Maryland business owner pleads guilty to tax evasion
BALTIMORE — The owner of a Maryland physical therapy business is facing up to five years in prison after pleading guilty to not paying...
How companies rip off poor employees — and get away with it
Already battered by long shifts and high infection rates, essential workers struggling through the pandemic face another hazard of hard times: employers who steal...
Jury finds ex-Netflix VP guilty in bribery, kickback scheme
SAN JOSE, Calif. — A federal jury found a former Netflix executive guilty Friday of receiving lucrative stock options and more than a half-million...
Britain targets 22 people with new anti-corruption sanctions
LONDON — Britain imposed asset freezes and travel bans Monday on 22 people accused of bribery, kickbacks and fraud in its first use of...
EXPLAINER: Charmed by Madoff, SEC later tightened its rules
WASHINGTON — Until Bernie Madoff’s scheme came crashing down and the biggest Ponzi scheme in Wall Street’s history came to light, he appeared as...
Huawei, HSBC agree on document deal for extradition case
HONG KONG — Chinese telecommunications equipment firm Huawei said Monday that it has reached an agreement with HSBC in Hong Kong to obtain documents...
Feds: Businessman agrees to guilty plea in investment scheme
INDIANAPOLIS — An Indianapolis businessman plans to plead guilty to federal charges alleging that he operated a fraudulent investment scheme involving more than 100...
FirstEnergy refunds $26M as nuclear bailout repeal is signed
COLUMBUS, Ohio — An Ohio electric company under scrutiny for its role in what federal authorities say was a $60 million bribery and corruption...