Thursday, December 9, 2021

U.S

Lori Loughlin faces money laundering charges as college admissions scam investigation continues

In what prosecutors are calling the largest college admissions scandal in U.S. history, actress Lori Loughlin and her husband J. Mossimo Giannulli are facing additional charges, including money laundering, after refusing a plea deal that actress Felicity Huffman and...

David Sidoo faces new charge of money laundering in alleged college admissions scandal

Prominent Vancouver businessman David Sidoo, indicted last month on a fraud conspiracy charge in connection with what U.S. authorities allege was a “ nationwide college admissions scam,” now also faces a new criminal charge of money laundering conspiracy. The count...

Standard Chartered to pay $1.1B for violating Iran sanctions

Financial services giant Standard Chartered Bank agreed Tuesday to pay U.S. and British authorities more than $1 billion to resolve allegations that it processed transactions for customers in Iran and other countries under U.S. sanctions. The London-based bank, which previously...

Former SeaWorld lawyer pleads guilty to insider trading

A former attorney for SeaWorld Entertainment Inc on Tuesday pleaded guilty to insider trading, the U.S. Justice Department said. As part of the guilty plea, Paul Powers admitted to using non-public information on the company’s financial performance that he received...

Former Dallas County Schools chairman sentenced in bribery scheme

A former Dallas County Schools board of trustees chairman was sentenced on Tuesday morning to three years of probation for his role in a bribery scheme that ended in the downfall of Dallas County Schools. Larry Duncan will also serve six months...

Weslaco City Commissioner Jerry Tafolla pleads guilty in bribery case

Weslaco City Commissioner Jerry Tafolla became the latest elected official to be charged in a bribery scheme surrounding the city’s water treatment facilities. Tafolla stood before U.S. District Judge Micaela Alvarez and pleaded guilty to one count of federal program...

Actress Felicity Huffman and other parents agree to plead guilty in college admissions scandal

Felicity Huffman and a dozen other wealthy parents swept up in the far-reaching college admissions scandal have agreed to plead guilty after being charged in the scheme, according to court records. The actress and 12 other parents, including Los Angeles marketing...

South Florida businessman convicted in $1.3 billion Medicare and Medicaid scheme

The owner of a health care facility in South Florida, previously accused of bribing a coach to get his son into the University of Pennsylvania, has been convicted of conspiring to defraud the U.S. in a case that led to...

Stanford expels student associated with college bribery scandal

Stanford University has expelled a female student who “fabricated sailing credentials” in her college application, quietly announcing in a short statement posted on its website Tuesday that the student’s admission has been rescinded after the university confirmed “some of...

Ex-congressman Charles Taylor denies being ‘officer or director’ of embattled Russian bank

Following an Associated Press report on a small Russian bank owned by former U.S. Rep. Charles Taylor, the ex-congressman from Western North Carolina distanced himself from the bank or any leadership role in the operation now facing allegations of...

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