FTX crypto-exchange founder Sam Bankman-Fried filed a motion in federal court in New York Monday to dismiss most of the criminal charges against him, including the FCPA conspiracy count.… Continue Reading
Posts Tagged: wire fraud
In the first federal action against fraud involving the coronavirus outbreak, the DOJ obtained a temporary restraining order against a website selling a bogus vaccine.… Continue Reading
The DOJ announced Monday that it brought thirteen financial fraud-related charges against Chinese telecom company Huawei and three other related defendants, including its CFO Wanzhou Meng.
The former chief compliance officer of a registered broker-dealer in Woodbury, New York was sentenced to six months in prison for stealing money from overseas investors who thought they were investing in Dell, Berkshire Hathaway, and BlackRock.… Continue Reading
Tokyo-based Takata Corporation pleaded guilty Monday to one count of wire fraud and was sentenced to pay $1 billion in criminal penalties for lying about defective airbag inflators.
Takata appeared before U.S.… Continue Reading
Four Texas-based businessmen have admitted bribing Mexican officials in return for aircraft maintenance and repair contracts with government-owned and controlled entities.
Two former Mexican officials who took bribes also pleaded guilty to a money-laundering conspiracy.… Continue Reading
The former CEO of PetroTiger Ltd. — a British Virgin Islands oil and gas company with operations in Colombia and offices in New Jersey — was indicted Friday for bribing an official at Ecopetrol SA, Colombia’s state-controlled oil company, and defrauding PetroTiger by taking kickbacks.… Continue Reading