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Crime : Page 121

U.S. indicts 8, captures 2 in billion dollar Venezuela/PDVSA embezzlement scheme

July 31, 2018
Two alleged participants in a billion-dollar international scheme to launder funds embezzled from Venezuelan state-owned oil company Petroleos de Venezuela, S.A. (PDVSA) using Miami, Florida real estate and sophisticated false-investment schemes were arrested.

Samsung Securities fined $128,500, imposed suspension over dividend fiasco

July 28, 2018
Samsung Securities was fined 144 million won ($128,500) and imposed a six-month suspension for parts of its business by the financial authorities over a failure to prevent a dividend fiasco that broke out in April this year.

3M Company to pay $9.1 million over defective dual-ended combat arms earplugs

July 27, 2018
The Department of Justice announced that 3M Company, headquartered in St. Paul, Minnesota, has agreed to pay $9.1 million to resolve allegations that it knowingly sold the dual-ended Combat Arms Earplugs, Version 2 (CAEv2) to the United States military without disclosing defects that hampered the effectiveness of the hearing protection device.

U.S. reaches $3.1 million settlement with Dupont over 2014 chemical accident

July 26, 2018
The U.S. Environmental Protection Agency (EPA) and the Justice Department have entered a $3.1 million settlement with E.I. Du Pont de Nemours and Co over a 2014 chemical accident at the company’s former La Porte, Texas, plant that killed four employees, the EPA said.

Two members of billion-dollar Venezuelan money laundering scheme arrested

July 26, 2018
Two alleged participants in a billion-dollar international scheme to launder funds embezzled from Venezuelan state-owned oil company PDVSA using Miami, Florida real estate and sophisticated false-investment schemes were arrested.

Two former Deutsche Bank traders charged with deceptive trading practices

July 26, 2018
Two former employees of Deutsche Bank were charged in an indictment returned by a Chicago federal grand jury with engaging in fraudulent and manipulative trading involving precious metals futures contracts, announced Assistant Attorney General Brian A. Benczkowski of the Justice Department’s Criminal Division and Assistant Director in Charge William Sweeney of the FBI’s New York Field Office.

CSX Transportation settles 2015 derailment and oil spill in Mount Carbon, W.Va.

July 25, 2018
The U.S. Department of Justice, U.S. Environmental Protection Agency (EPA) and State of West Virginia announced a settlement with CSX Transportation Inc. to resolve its liability for state and federal water pollution violations related to a 2015 oil spill caused by a train derailment in Mount Carbon, West Virginia.

ESMA fines five banks €2.48 million for issuing credit ratings without authorisation

July 24, 2018
The European Securities and Markets Authority (ESMA) has fined Danske Bank, Nordea Bank, SEB, Svenska Handelsbanken and Swedbank €495,000 each and issued five public notices for negligently breaching the Credit Rating Agencies Regulation (CRAR).

Deutsche Bank to pay nearly $75 million for improper handling of ADRs

July 22, 2018
The Securities and Exchange Commission (SEC) announced that two U.S.-based subsidiaries of Deutsche Bank AG will pay nearly $75 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs).

Justice Department to Angiodynamics: Don't lie. And pay $12.5 million for false claims

July 19, 2018
Latham, New York-based medical device manufacturer AngioDynamics, Inc. has agreed to pay the United States a total of $12.5 million to resolve allegations that the company caused healthcare providers to submit false claims to Medicare, Medicaid, and other federal healthcare programs relating to the use of two medical devices, LC Bead and the Perforator Vein Ablation Kit (PVAK), the Justice Department announced.

Largest takedown of illegal dumping offenders in New York history

July 18, 2018
New York Governor Andrew M. Cuomo announced the largest takedown of alleged illegal dumping offenders in state history.

EC fines Google €4.34 billion for illegal practices regarding Android dominance

July 18, 2018
The European Commission (EC) has fined Google €4.34 billion for breaching EU antitrust rules.
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