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Crime : Page 132

EPA settles with Dole Food to close illegal cesspools

March 21, 2018
The U.S. Environmental Protection Agency announced a settlement with Dole Food for failing to close two large-capacity cesspools (LCC) at its Puuiki Beach Park property on Oahu.

Turkey begins legal action against Ciftlik Bank CEO, Ponzi scheme creator

March 21, 2018
Turkey said it has launched legal proceedings against the creator of a Ponzi scheme simulation game that swindled investors out of millions of dollars.

Russian hotels fined $50,000 for overpricing for FIFA World Cup

March 21, 2018
Russia\'s hotels inflating prices in the lead-up to the 2018 FIFA World Cup have been fined 2.8 million rubles (about $50,000) in total, the consumer rights agency Rospotrebnadzor has told RAPSI.

Singapore's central bank imposes penalties on Standard Chartered Bank, Trust

March 19, 2018
The Monetary Authority of Singapore (MAS) announced it has imposed penalties of 5.2 million Singapore dollars ($3.95 million) on the Singapore branch of Standard Chartered Bank (SCBS), and 1.2 million Singapore dollars ($0.91 million) on Standard Chartered Trust (Singapore) Limited (SCTS).

Former Siemens executive pleads guilty to role in $100m foreign bribery scheme

March 16, 2018
The former Technical Manager of the Major Projects division of Siemens Business Services GmbH & Co. OGH (SBS), a wholly owned subsidiary of Siemens Aktiengesellschaft (Siemens AG), pleaded guilty to conspiring to pay tens of millions of dollars in bribes to Argentine government officials to secure, implement and enforce a $1 billion contract to create national identity cards.

Former Equifax executive charged with insider trading

March 15, 2018
The Securities and Exchange Commission (SEC) charged a former chief information officer of a U.S. business unit of Equifax with insider trading.

End of 'revolutionary' firm: Theranos, Holmes charged with massive fraud

March 14, 2018
The Securities and Exchange Commission (SEC) charged Silicon Valley-based private company Theranos, its founder and CEO Elizabeth Holmes, and its former President Ramesh “Sunny” Balwani with massive fraud.

Transport Logistics International to pay $2 million to resolve foreign bribery case

March 14, 2018
Transport Logistics International, a Maryland-based company that provides services for the transportation of nuclear materials to customers in the United States and abroad, agreed to resolve criminal charges in connection with a scheme that involved the bribery of an official at a subsidiary of Russia’s State Atomic Energy Corporation and to pay a $2 million criminal penalty.

Foreign affiliates of KPMG, Deloitte, BDO charged in improper audits

March 14, 2018
The Securities and Exchange Commission (SEC) charged foreign affiliates of KPMG, Deloitte & Touche, and BDO for their involvement in audit work that circumvented the full oversight of the Public Company Accounting Oversight Board (PCAOB).

SEC fines Merrill Lynch, Pierce, Fenner & Smith

March 9, 2018
The Securities and Exchange Commission (SEC) announced settled charges against Merrill Lynch, Pierce, Fenner & Smith for its failure to perform required gatekeeping functions in the unregistered sales of securities on behalf of a China-based issuer and its affiliates.

Voya Advisers to repay clients and settle charges

March 9, 2018
The Securities and Exchange Commission (SEC) charged two investment adviser subsidiaries of Voya Holdings.

NYSE to pay $14 million penalty for multiple violations

March 7, 2018
The Securities and Exchange Commission (SEC) announced that it charged the New York Stock Exchange and two affiliated exchanges with regulatory failures in connection with multiple episodes, including several disruptive market events.
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