Crime : Page 10
September 22, 2023
The European Commission has fined defence company Diehl €1.2 million for participating in a cartel concerning the sale of military hand grenades together with its rival RUAG.
September 22, 2023
The Securities and Exchange Commission announced charges against Mexico-based company Aras Investment Business Group, its CEO Armando Gutierrez Rosas, and four individuals for fraudulently raising at least $15 million from more than 450 retail investors in the U.S., most of whom were members of the Mexican American community.
September 19, 2023
The Securities and Exchange Commission charged Lyft for failing to disclose a company board director’s role in a shareholder’s sale of approximately $424 million worth of private shares of Lyft’s stock prior to the company’s initial public offering (IPO).
September 15, 2023
California Attorney General Rob Bonta announced a $93 million settlement with Google resolving allegations that its location-privacy practices violated California consumer protection laws.
September 12, 2023
The Federal Trade Commission will require background report providers TruthFinder and Instant Checkmate to pay $5.8 million to settle charges that they deceived consumers about whether consumers had criminal records and that the companies violated the Fair Credit Reporting Act (FCRA) by operating as consumer reporting agencies while, among other things, failing to ensure the maximum possible accuracy of their consumer reports.
September 12, 2023
Online shoe retailer Hey Dude will pay $1.95 million to the Federal Trade Commission to settle charges that the company misled consumers by suppressing negative reviews, including more than 80 percent of reviews that failed to provide four or more stars out of a possible five.
September 11, 2023
The Federal Court has ordered Swift Networks Pty Ltd to pay a penalty of $1.2 million for engaging in cartel conduct by rigging bids when tendering to supply technology infrastructure and services to three Pilbara mining village projects.
September 10, 2023
Faruk Fatih Özer, the founder of the now defunct Turkish cryptocurrency exchange Thodex, has been sentenced to 11,196 years, ten months, and 15 days for defrauding 400,000 users of over $2 billion in cryptocurrencies.
September 8, 2023
Kroger has reached an agreement in principle with plaintiffs to settle the majority of opioid claims that have been or could be brought against the Company by states, subdivisions, and Native American tribes.
September 8, 2023
The Commodity Futures Trading Commission announced Judge David A. Ezra of the U.S. District Court for the Western District of Texas entered a consent order against Mirror Trading International Proprietary (MTI) on September 6, finding it liable for fraud in connection with retail foreign currency (forex) transactions, fraud by a commodity pool operator (CPO), registration violations, and failure to comply with CPO regulations.
September 7, 2023
New York Attorney General Letitia James and a bipartisan group of attorneys general from all 50 states, the District of Columbia, and Puerto Rico, have reached an agreement in principle with Google to settle one of three major antitrust lawsuits against the company for its anticompetitive conduct in the Google Play Store.
September 2, 2023
The African Development Bank Group, on 29 August, announced the 15 month debarment of Beza Consulting Engineers and Gidey Gebrezgabher Gebremariam, with effect from 21 August 2023.