New York-based global banking and financial services firmJPMorgan Chase & Co. admitted it had been manipulating the precious metals and U.S. Treasury securities market and agreed to pay more than US$920 million to settle wire fraud charges, theU.S. Justice Department said on Tuesday.
Prosecutors in the U.S. have indicted two men over an alleged scheme to kidnap and torture migrants from Cuba so as to extort money from their victims’ families.
The United States has charged two individuals over an alleged bribery scheme relating to contracts for the supply of goods and services to the American military in Iraq.
A highly respected U.S. anti-narcotics agent has pled guilty to working with the same Colombian drug cartel he was formerly commissioned to investigate.
The multinational supplement company Herbalife agreed to pay over US$123 million in penalties for its “extensive and systematic corrupt payments to members of the Chinese government,” a prosecutor said in a U.S. Justice Department statement on Friday.
Prosecutors in the US have indicted dozens of members of a Mexican cartel, including a leader who shares a namesake with one of America’s best-loved wrestlers, on drug trafficking charges after they allegedly laundered their proceeds through a Western-wear store in Texas.
In the latest instalment of a saga that saw investors around the world defrauded out of as much as US$16 billion, the co-founder of a disgraced cryptocurrency firm has agreed to testify against the company’s one-time chief, his sister.
A Federal Court in Boston sent on Wednesday a Canadian citizen behind bars for artificially inflating stocks owned by him and his co-conspirators with the intention to generate US$15 million in fraudulent proceeds.
In an effort to crack down on the hundreds of millions of dollars that were laundered through the U.S. real estate and business sectors by two former owners of one of Ukraine’s largest banks, authorities announced on Thursday that they intend to seize several of the properties involved in the scandal.
A distinguished US university professor and leading expert on organised crime and drug trafficking has admitted to laundering millions of dollars in proceeds from a bribery and corruption scheme in Venezuela.
Authorities in Mexico have reportedly arrested a former public official accused of embezzling more than US$1 million from the country’s corruption-riddled state-owned oil company.
Investigators with the US Justice Department and Securities and Exchange Commission are probing possible COVID19-related insider trading among several high-profile US politicians, according to a report on Monday fromCNN.
The EU’s anti-fraud agency has launched an inquiry to combat the sale of black market medical products amid the ongoing spread of the coronavirus pandemic on the continent.
The head of America’s national whistleblowing watchdog has called for a dedicated task force to fight coronavirus-related fraud and corruption among government contractors.
A former doctor has been sentenced to more than 11 years in prison for a string of frauds, money laundering, and illegal prescription-writing, according to a Justice Department release last week.
Three Germans have been charged on Friday by US prosecutors with administering one of the world’s largest dark web marketplaces, Wall Street Market, a site with thousands of listings for drugs, contraband, counterfeit goods and illegal narcotics.
A member of a gang that controlled the heroin trade across much of New Jersey was sentenced to 19 years in prison early this week for intimidating a witness during his trial for aggravated assault and illegal possession of a weapon following a 2013 shooting.
A federal jury in Laredo, Texas found six individuals guilty in connection with a two-year multi-million dollar money laundering scheme, the Justice Department announced Tuesday.
A former employee of Mossack Fonseca—the Panamanian law firm at the center of the 2016 Panama Papers leak of more than 11.5 million legal and financial records—was extradited to Germany on Wednesday in connection to the sprawling international tax scheme exposed by the investigation, German media reported.
A former congressional staffer who helped a United States representative defraud charitable donors of more than a million dollars over the course of four years was sentenced to 18 months in prison, prosecutors announced Wednesday.
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