Swiss engineering company ABB accused on Wednesday an executive at its South Korean subsidiary responsible for ethics training of leading a "sophisticated criminal scheme" to steal millions.
The husband of Spain's Princess Cristina will spend more than six years in prison for using his royal connections to embezzle more than € 6 million (US$ 6.6 million) of public money, media reported Friday.
Kazakh authorities arrested a newspaper editor as part of an investigation into a multi-billion dollar banking scam, but the former head of BTA Bank — which is at the center of the scandal — took to Facebook Monday calling the charges against Zhanbolat Mamay "absurd" and claiming that he never even met the journalist.
Kazakhstan’s anti-corruption bureau accused on Monday a former economic minister of stealing millions through the construction of a factory, the agency announced in a release.
A former Mexican state governor was arrested Thursday for embezzlement and misusing state funds after he allegedly granted irregular tax incentives to Korean carmaker KIA Motors which cost the state 3.128 billion pesos (US$ 147 million), state officials reported.
Ukrainian border control officials arrested an Uzbek citizen wanted internationally for fraud in Ukraine, the Kyiv prosecutor’s office announced Thursday in a statement.
China’s most-wanted corruption suspect turned herself in to the police on Wednesday after spending over a decade on-the-run in Europe, Asia and North America.
Russia’s Investigative Committee (SKR) announced Wednesday they were searching for the former head of the country’s defunct Interkommerts bank, who is suspected of using false contracts to embezzle tens of millions of dollars.
A court in Russia’s capital upheld the detention on Monday of a 54-year-old fortune teller accused of using her knowledge of the supernatural to aid the embezzlement of 26 billion rubles ($US 401.69 million) from the now-defunct NOTA-Bank.
Russian police have detained the head of state firm JSC Corporation of Development, Sergey Maslov, on allegations he took part in the embezzlement of more than one billion rubles (US$ 16.03 million), state news agency Interfax reported Thursday.
Romanian Interior Minister Petre Toba resigned Thursday after anti-corruption prosecutors requested for the country’s president to allow them to open an investigation into his alleged blocking of an embezzlement probe.
Russia is seeking the extradition from Thailand of a businessman and lawmaker accused of embezzling hundreds of thousands of dollars and attempting to bribe an official, media reported Sunday.
A wealthy Ukrainian lawmaker and Olympic show jumper who fled the country on corruption charges has surfaced in London and says he has requested asylum.
Romania’s Court of Appeals upheld on Friday the prison sentences of Romanian labor leader Liviu Luca and media mogul Sorin Ovidiu Vantu over a $US 92 million embezzlement scheme.
Authorities in Russia have opened a criminal investigation against the former owner of Britain’s Reading Football Club on suspicion he embezzled a $156 million dollar loan from the local MTS Bank.
An investigation by OCCRP partner the Balkan Investigative Reporting Network (BIRN) has revealed evidence indicating that a Kazakh behind a multi-billion dollar banking scam secretly owned one of Belgrade’s most popular concert venues.
A key suspect was arrested in what is suspected to be the largest and most complex post-war financial scam case in the country, estimated to be worth more than US$ 150 million.
The ministers of four different government agencies in Romania have been charged with setting up an organized crime group as well as abuse of office and complicity with embezzlement in relation to the privatization of a state-owned oil refinery.
Puerto Rico’s biggest oil supplier Petro West was accused of embezzling US$ 11 million in public funds from the already heavily indebted state-owned company Electric Power Authority (PREPA), in the midst of a critical economic crisis.
Lithuania has granted refugee status to one of the fugitive brothers-in-law of Kazakh billionaire Mukhtar Ablyazov, reported Radio Free Europe/Radio Liberty (RFE/RL).
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