Crime : Page 161

Princess Cruise Lines to pay $40m for illegal dumping of waste

April 20, 2017 Princess Cruise Lines was sentenced to pay a $40 million penalty – the largest-ever for crimes involving deliberate vessel pollution.

Settlement resolves NationsBank's 24-year-old discrimination case

April 19, 2017 The U.S. Department of Labor has settled a case that arose from a 1993 compliance review of NationsBank that found systematic hiring violations involving African-American applicants for entry-level jobs and led to more than two decades of litigation.

German finance watchdog closes OneCoin payment processor

April 19, 2017 Germany's top finance regulator has moved to shut down a payment processor tied to to the OneCoin cryptocurrency scheme.

After two years Google to pay for abusing market position in Russia

April 19, 2017 Russia’s Federal Antimonopoly Service and Google have signed an amicable agreement for six years and nine months.

Theranos to pay Arizona customers $4.7 million in settlement

April 18, 2017 Health technology company Theranos announced an agreement with the Arizona Attorney General’s office whereby the company will reimburse Arizona residents for all amounts they paid for Theranos blood testing services between 2013 and 2016.

HSBC to pay $2m to resolve U.S. civil loan fraud lawsuit

April 17, 2017 HSBC Holdings will pay about $2 million to settle a civil fraud lawsuit that alleged the bank improperly attempted to get reimbursement from the federally backed U.S. Small Business Administration (SBA) on bad loans it knew were based on fraudulent or potentially fraudulent information.

Brazil's Odebrecht paid $3.3 billion in bribes

April 16, 2017 Odebrecht, the Brazilian engineering company at the center of a historic corruption scandal, paid out a total of about $3.3 billion in bribes in the nine years through 2014, according to testimony cited by local media.

SEC freezes brokerage accounts behind alleged insider trading

April 14, 2017 The Securities and Exchange Commission (SEC) announced an emergency court order to freeze assets in two brokerage accounts used last week to reap more than $1 million in alleged insider trading profits in connection with a merger announcement by telecommunications companies.

SFC fines iSTAR International Futures $3 million

April 14, 2017 The Securities and Futures Commission (SFC) of Hong Kong has reprimanded iSTAR International Futures Co. Limited, now known as Rifa Futures Limited (Rifa).

New claimants joined case against Russian Railways and Federal Cargo Company

April 14, 2017 FAS brought the Government of the Karelia Republic, Mosenergo, OGK-2, TGK-1, Khmelnitsky Kar’er and Promnerudtrans Ltd. as claimants in the proceedings on a case against Russian Railways OJSC and the Federal Cargo Company. The grounds: petitions form the above entities.

Court orders penalty against former chairman of AWB Limited

April 14, 2017 The Supreme Court of Victoria has ordered that Trevor Flugge, the former chairman of AWB Limited, pay a pecuniary penalty of $50,000.

Manitoba warns citizens about PayDiamond.com

April 13, 2017 The Manitoba Securities Commission (MSC) and the Winkler Police Service are issuing a joint warning to Manitobans about PayDiamond.com.