Friday, September 17, 2021

U.S

US charges ex-Ericsson employee in bribery case

U.S. authorities on Wednesday charged a former employee of Swedish telecommunications equipment maker Ericsson (ERICb.ST) with scheming to bribe Djibouti government officials in order to win business with a state-owned telecommunications company. The U.S. Department of Justice said Afework Bereket,...

Two execs of Spine implant firm SpineFrontier charged with kickback scheme

Two executives of Massachusetts spinal implant company SpineFrontier Inc were arrested Tuesday on charges of bribing surgeons to use their products by paying them sham consulting fees, federal prosecutors announced. SpineFrontier founder and chief executive officer Kingsley Chin, 57, of...

Georgia district attorney Mark Jones indicted on bribery charges

A district attorney in Georgia on Tuesday was indicted on charges of bribery and misconduct that occurred while in office. Chattahoochee Circuit District Attorney Mark Jones was indicted by a grand jury on nine charges, including bribery, influencing witnesses and violation of...

Former Rio Rico bank manager gets 30 months in prison for money laundering

A former Rio Rico bank manager was sentenced to 30 months in prison after pleading guilty to conspiracy to commit money laundering. According to the U.S. Department of Justice, 41-year-old Carlos Antonio Vasquez of Nogales took part in a scheme...

Former state senator Frank Hill charged in $20 million corruption scandal

The Los Angeles County District Attorney’s Office has filed corruption charges against a former state senator, a former City of Industry top administrator and a San Diego-based developer following a probe into a failed solar project that resulted in...

JPMorgan fined $30 million to settle French tax fraud Case

JPMorgan Chase & Co. settled a longstanding French criminal investigation over allegations it helped clients commit tax fraud for 25 million euros ($29.6 million). The case relates to allegations of tax fraud seen to benefit former managers at investment firm Wendel,...

Retired naval officer pleads guilty to taking bribes in ‘Fat Leonard’ Scandal

A retired U.S. Navy chief warrant officer involved in the wide-ranging "Fat Leonard" bribery scandal pleaded guilty Tuesday to federal charges for taking more than $45,000 in bribes from the disgraced foreign defense contractor. Robert Gorsuch, 54, admitted in San Diego federal...

BitConnect founder charged with $2 billion cryptocurrency fraud

The top U.S. securities regulator on Wednesday sued the founder of the now-defunct cryptocurrency exchange platform BitConnect over his alleged role in fraudulently raising about $2 billion from thousands of retail investors. Expanding a civil case announced in May, the...

Former Front Royal EDA executive director indicted on fraud, money laundering charges

The former executive director of the Front Royal-Warren County Economic Development Authority now faces federal fraud and money laundering charges. A grand jury in the U.S. District Court for the Western District of Virginia in Harrisonburg handed up a 34-count...

Florida medical supplier embezzles $12 million meant for masks and gloves

A Florida medical supply salesman embezzled more than $12 million he’d been given for masks and rubber gloves during the mad scramble for PPE in the early days of the COVID-19 pandemic and used it to buy a waterfront mansion,...

Latest News