Thursday, November 25, 2021

Trending

Former CEO of Philly wholesale produce market gets 10 years in prison for $7.8m fraud

The former longtime CEO of the Philadelphia Wholesale Produce Market was sentenced Monday to 10 years and one month in federal prison for stealing nearly $8 million from the massive supplier of restaurants, grocery stores, and neighborhood markets in...

Hong Kong watchdog charged former lawmaker Chim Pui-chung with fraud, money laundering

Hong Kong’s anti-corruption watchdog on Friday charged former lawmaker Chim Pui-chung and his son conspiracy to defraud the Hong Kong Stock Exchange and a listed company over an alleged “backdoor listing” agreement and money laundering. The ICAC said that Chim,...

GoFundMe scam ringleader Mark D’Amico pleads guilty to fraudulent campaign involving homeless man

Mark D’Amico, the South Jersey man involved in a fraudulent GoFundMe campaign that raised $400,000 purportedly to benefit a homeless veteran as repayment for a concocted act of kindness, pleaded guilty Monday, acting U.S. Attorney Rachael A. Honig said. D’Amico,...

Businessman pleads guilty to bribing ex-state Sen. Martin Sandoval to secure the purchase of state-owned property

A suburban businessman pleaded guilty Wednesday to federal charges alleging he paid at least $15,000 in bribes to then-state Sen. Martin Sandoval to secure the purchase of state-owned property near his company in McCook. Vahooman Mirkhaef, 60, who goes by...

Former Detroit cop pleads guilty to accepting bribes from tower

The former Detroit police official who oversaw abandoned vehicle auctions pleaded guilty Tuesday in federal court to accepting bribes from an unnamed tower for nearly two years. Alonzo Jones, 55, of Detroit pleaded guilty to bribery concerning programs receiving federal...

Switzerland fines SBM $7.5 million for paying bribes in Africa

The Office of the Attorney General of Switzerland (OAG) found that SBM, from 2006 to the start of 2012, had paid more than $22mn and 1 million euros ($1.12mn) in bribes to public officials. SBM subsidiaries paid these principally...

U.S. Prosecutors seek 4 years in prison for wife of Mexican drug lord El Chapo

U.S. Prosecutors on Thursday asked a judge to sentence the wife of the imprisoned Mexican drug kingpin known as "El Chapo" to four years behind bars after she pleaded guilty to drug distribution and money laundering charges. Emma Coronel Aispuro,...

Armenian ex-president Serzh Sargsyan charged with bribery

Armenia’s former president Serzh Sargsyan has been charged with taking a bribe, an accusation his lawyers say was made to distract from a security crisis on the Azerbaijani border. On November 22, Sargsyan’s lawyer posted on social media that he...

Megachurch leader, self-proclaimed ‘Son of God’ charged with sex trafficking

The leader of a Philippines-based church was charged with having sex with women and underage girls who faced threats of abuse and “eternal damnation” unless they catered to the self-proclaimed “son of God," federal prosecutors announced Thursday. Apollo Carreon Quiboloy...

Hong Kong fines ICBC, UBS units, others $5.7m for violating anti-money laundering rules

Hong Kong's banking regulator has fined four banks, including local units of Industrial and Commercial Bank of China (601398.SS) and UBS (UBSG.S), a combined HK$44.2 million ($5.67 million) for breaches of anti-money laundering rules. The four banks had failed to...

Latest News