Tag: Corporate crime
San Diego woman sentenced for nearly $400M Ponzi scheme
SAN DIEGO — A San Diego businesswoman whose Ponzi scheme bilked hundreds of people out of nearly $400 million was sentenced Wednesday to 15...
Economist who pulled Albania out of 1997 anarchy dead at 58
TIRANA, Albania — Bashkim Fino, who was appointed to shepherd Albania out of almost total chaos when fraudulent investment schemes collapsed 24 years ago...
VW to seek damages from former executives for diesel scandal
BERLIN — Volkswagen is seeking damages from two former top executives for their role in the diesel emissions scandal that cost the German automaker...
German firm plea, $50M payment settles US drug purity probe
LAS VEGAS — An international pharmaceutical company pleaded guilty as planned Tuesday in a U.S. court after agreeing to pay $50 million for destroying...
German firm plea, $50M payment settles US drug purity probe
LAS VEGAS — An international pharmaceutical company pleaded guilty as planned Tuesday in a U.S. court after agreeing to pay $50 million for destroying...
Ex-head of NYC homeless housing group charged with fraud
NEW YORK — The former top executive of a New York City homeless housing group that is one of the city's largest was arrested...
2nd Canadian to go on trial in China on spying charges
BEIJING — A Beijing court was is expected to put on trial Monday a second Canadian citizen held for more than two years on...
Ikea France going on trial over illegal spying claims
VERSAILLES, France — Ikea’s French subsidiary and several of its executives are set to go on trial Monday over accusations that they illegally spied...
China to open 1st trial of Canadians held on spy charges
DANDONG, China — China was expected to open the first trial Friday for one of two Canadians who have been held for more than...
Founders of California fecal matter-testing company indicted
SAN FRANCISCO — Two Silicon Valley entrepreneurs who founded a biotech company that tested fecal matter are accused of bilking their investors and health...