Credit Suisse has agreed to pay US$495 million to settle a case related to the sale of mortgage-backed securities in the U.S., which contributed to the 2008 financial crisis.
An investigation by Iraq’s finance ministry discovered Sunday that US$2.5 billion dollars were stolen from a government tax commission account by five companies, in what amounts to one of the largest corruption scandals in the country’s history.
Former chief executive of the controversial Israeli spyware company NSO Group, Shalev Hulio, has partnered with Sebastian Kurz, Austria’s ex-Chancellor who was forced to resign following a corruption investigation last year, to launch the cybersecurity startup “Dream Security”.
Three children were electrocuted on Thursday when they climbed into a newly renovated city fountain in the Georgian capital of Tbilisi to retrieve a ball. The fountain has been refurbished by a company whose owners have previously been convicted for corruption.
A U.S. private virtual currency exchange agreed on Tuesday to pay more than US$50 million to settle U.S. accusations of having breached several sanction programs, violating anti-money laundering regulations (AML) and suspicious activity reporting requirements.
Mexican officials have sued five gun dealers from Arizona for allegedly providing weapons to criminal groups and cartels in Mexico, the Mexican Secretariat of Foreign Affairs reported.
Most parents would say that a gun is not an appropriate prize at the bottom of their child’s cereal box, something Dominican police agreed with when they seized 20 handguns found inside of frosted flakes containers as part of a larger operation that resulted in record drug and firearm seizures.
As any other matter involving American taxpayer money, the U.S. State Department said it is taking very seriously reports about corruption being responsible for only a fraction of relief funds reaching the over 30 million Pakistanis now displaced by floods.
Two brothers went on trial on Friday in Malta for allegedly killing investigative journalist Daphne Caruana Galizia, who died in a car bomb attack five years ago.
The Taliban ban on digital currency has brought Afghanistan’s cryptocurrency market, which experienced a massive expansion after the insurgent group took over the country in August last year, to a standstill – says a new study by Chainanalysis.