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Crime : Page 152

Halliburton paying $29.2 million to settle FCPA Violations

July 28, 2017
The Securities and Exchange Commission (SEC) charged Halliburton Company with violating the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act (FCPA) while selecting and making payments to a local company in Angola in the course of winning lucrative oilfield services contracts.

Former VW executive to plead guilty in emissions scandal

July 26, 2017
Oliver Schmidt, a German national who formerly worked as a Volkswagen executive, has agreed to plead guilty over the massive emissions-cheating scandal, a court spokesman said.

Russian prosecutors ask Interpol to issue Red Notice for VimpelCom ex-head

July 26, 2017
Russia’s prosecutors had turned to Interpol asking it to issue a Red Notice for Mikhail Slobodin, former head of the telecommunications giant VimpelCom, who stands charged of bribing officials in the Republic of Komi, press service for the Prosecutor General's Office told RAPSI.

Federal Reserve Board prohibits former FX trader from participating in banking industry

July 25, 2017
The Federal Reserve Board announced it is prohibiting a former foreign exchange (FX) trader from participating in the banking industry for practices regarding FX pricing benchmarks.

Russian ex-banker Gitelson put on international wanted list

July 24, 2017
Ex-chairman of Inkasbank Alexander Gitelson, who stands charged with embezzling 20 billion rubles ($334 million), has been put on the international wanted list, the Investigative Committee’s St. Petersburg directorate told RAPSI on Monday.

French watchdog fines Societe Generale 5m euros over anti-money laundering shortcomings

July 22, 2017
French bank watchdog ACPR said it had fined Societe Generale 5 million euros ($5.83 million) for a number of shortcomings in its controls for preventing money laundering and financing of terrorism.

Deutsche Bank, JPMorgan to pay $148 million to end yen Libor cases in U.S.

July 22, 2017
Deutsche Bank and JPMorgan Chase & Co have agreed to pay a combined $148 million to end private U.S. antitrust litigation claiming they conspired with other banks to manipulate the yen Libor and Euroyen Tibor benchmark interest rates.

U.S. to drop criminal charges in London Whale case

July 22, 2017
U.S. prosecutors have decided to drop criminal charges against two former JPMorgan Chase & Co derivatives traders implicated in the "London Whale" trading scandal that caused $6.2 billion of losses in 2012.

Latvian banks fined for breaching North Korea sanctions

July 22, 2017
Two Latvian banks have been fined more than 2.8 million euros (£2.5 million) for allowing clients to violate sanctions imposed by the European Union and United Nations on North Korea, the country's banking watchdog said.

DOT concludes investigations, fines three airlines

July 22, 2017
The U.S. Department of Transportation (DOT) fined Frontier Airlines, American Airlines, and Delta Air Lines for violating the Department’s airline consumer protections rules.

AlphaBay, largest online dark market, shut down

July 21, 2017
The Justice Department announced the seizure of the largest criminal marketplace on the Internet, AlphaBay.

Former Credit Suisse banker pleads guilty to conspiring to defraud United States

July 20, 2017
A citizen and resident of Switzerland pleaded guilty today to conspiring to defraud the United States in connection with her work as the head of a team of bankers for Credit Suisse, announced Acting Deputy Assistant Attorney General Stuart M. Goldberg of the Justice Department’s Tax Division and U.S. Attorney Dana J. Boente for the Eastern District of Virginia.
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