POST Online Media Lite Edition



 

Crime : Page 126

Japanese auto parts company pleads guilty to antitrust conspiracy

June 1, 2018
Maruyasu Industries, an automotive parts manufacturer headquartered in the Aichi Prefecture in Japan, pleaded guilty and was sentenced to pay a $12 million criminal fine for its role in a criminal conspiracy to fix prices, rig bids, and allocate customers for automotive steel tubes incorporated into vehicles sold in the United States and elsewhere, the Department of Justice announced.

UK fines two main suppliers of bagged household fuels £3.4 million for taking part in cartel

May 31, 2018
In 2018 CPL and Fuel Express, two of the main suppliers of bagged household fuels to large national supermarkets and petrol stations, were fined over £3.4million for breaking competition law by rigging competitive tenders to supply Tesco and Sainsbury’s.

Toshiba to pay $1.3m for price-fixing scheme

May 31, 2018
Attorney General Bob Ferguson announced that Toshiba Corporation will pay $1.3 million as part of the Attorney General’s price-fixing lawsuit against manufacturers of a component used in television and computer screens called cathode ray tube, or CRT.

Canadian hacker gets five years in Yahoo breach

May 30, 2018
A Canadian involved in the 2014 breach of Yahoo that accessed 500 million users’ data was sentenced in a San Francisco court Tuesday to five years and a $250,000 fine.

Inchcape Shipping Services to pay $20 million to settle billing fraud charges

May 30, 2018
The U.S. Department of Justice announced that Inchcape Shipping Services Holdings Limited and certain of its subsidiaries (collectively, Inchcape) will pay $20 million to settle allegations that it knowingly overbilled the U.S. Navy for services provided to Navy ships from 2005 to 2014 in ports around the world.

FTC in South Korea fines Samsung, 5 other air purifier makers

May 29, 2018
South Korea’s corporate watchdog on May 29 levied a combined 1.56 billion won ($1.45 million) in fines on Samsung Electronics, Coway and four other air purifier makers for providing insufficient and misleading information on their products.

Latvian watchdog fines Meridian Trade Bank over money laundering

May 29, 2018
The Financial and Capital Market Commission (FCMC) and AS \"Meridian Trade Bank\" have entered into an administrative agreement, imposing legal obligations and a fine of EUR 455 822 on AS \"Meridian Trade Bank\".

Sweeping corruption sentences hit Spain’s ruling party

May 25, 2018
Spain’s ruling party has been fined and 29 business people and politicians have been sentenced to a total of 351 years in prison for involvement in a massive kickback scheme, the high court ruled on Thursday.

Pfizer to pay $23.85 million to resolve False Claims Act liability

May 25, 2018
Pfizer has agreed to pay $23.85 million to resolve claims that it used a foundation as a conduit to pay the copays of Medicare patients taking three Pfizer drugs, in violation of the False Claims Act, the Justice Department announced.

Macedonian court sentences former premier to 2 years

May 24, 2018
Former Macedonian Prime Minister Nikola Gruevski have been sentenced to two years in prison over illegal acquisition of a luxurious car worth about €600,000 ($702,210).

Aussie telco Optus to pay $1.14 million fine, will close Virgin Mobile

May 24, 2018
Australia\'s second largest telecommunications company has been ordered by the Federal Court to pay a 1.5-million-Australian dollar ($1.14 million) penalty for misleading its customers.

Brazil fines five grain trading firms, farmers connected to deforestation

May 24, 2018
Five grain trading houses, including Cargill and Bunge, and dozens of farmers have been fined a total of 105.7 million reais ($29 million) for activities connected to illegal deforestation.
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