Thursday, October 28, 2021

Fraud

Baltimore County Police officer accused of accepting bribes in exchange for handgun licenses

Indicted Tuesday by a federal grand jury, a Baltimore County Police officer faces six counts of honest services wire fraud for allegedly accepting cash payments to certify people to own and operate handguns without completing the required training. William R....

Tunisia’s former minister Ben Gharbia detained over suspected tax fraud, money laundering

A Tunisian court on Sunday ordered a lawmaker to be detained over suspected tax fraud and money laundering - the fourth parliamentarian to be taken into custody since President Kais Saied seized near total control of the country in...

Former Georgia insurance commissioner Jim Beck gets 7 years for $2.5 million fraud

Georgia’s former insurance commissioner will spend more than seven years in prison, as he finally accepted responsibility Tuesday for a $2.5 million fraud even as a federal judge lambasted him for lying from the stand during his July trial. U.S....

Swiss police raids Credit Suisse offices over Greensill funds

The police searches were conducted at the request of Zürich’s cantonal public prosecutor earlier this week. The prosecutor has opened a criminal investigation into Greensill’s activities and the way in which Credit Suisse funds that financed the British firm’s contentious...

Prominent European leaders linked to secret wealth in the Pandora Papers

A number of prominent European politicians are among those named in the so-called Pandora Papers, a massive leak of documents that reveals how the rich and powerful use offshore companies to hide their wealth. People sometimes use offshore companies in purchases for...

Russian billionaire Oleg Tinkov agrees to pay $500 million over U.S. tax charges

Billionaire Oleg Tinkov, whose online bank is Russia's second biggest credit card issuer, pleaded guilty on Friday to filing a false U.S. tax return and agreed to pay $507 million in taxes, interest and penalties, the U.S. Department of...

Lodi city councilman Shak Khan arraigned on money laundering, tax evasion charges

Lodi city councilman Shakir Khan is facing accusations of illegal gambling, EDD fraud, tax evasion and money laundering. He was arraigned in court Tuesday afternoon. Khan wasn't alone during the arraignment. Prosecutors said he was arraigned in conjunction with co-defendant Zakir...

Former Chicago Ald. Ricardo Muñoz pleads guilty to spending campaign funds on personal expenses

Former 22nd Ward Ald. Ricardo Muñoz pleaded guilty on Monday to spending cash from a political fund on personal items such as sports tickets, meals and travel. Muñoz, 56, who retired in 2019, appeared in court in person before U.S....

SNC-Lavalin faces new fraud charges involving Montreal bridge repair contract

The SNC-Lavalin legal saga was thrust back into the spotlight Thursday after the RCMP charged two former executives and the engineering company itself for allegedly paying bribes to obtain a Montreal bridge repair contract. Former SNC-Lavalin vice-president Normand Morin and former SNC-Lavalin International Inc....

Top Dallas defense lawyer to plead guilty to using law firm to launder drug money

Prominent Dallas lawyer and former DART board member Ray Jackson has agreed to plead guilty to a federal money laundering charge for trying to legitimize what he thought was drug money for narcotics traffickers, court records show. Jackson, 51, of...

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Baltimore County Police officer accused of accepting bribes in exchange for handgun licenses

Indicted Tuesday by a federal grand jury, a Baltimore County Police officer faces six counts of honest services wire...