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Crime : Page 165

French antitrust regulator fines Altice €40m over Faber project

March 14, 2017
France’s Competition Authority (Autorite de la Concurrence) has imposed a fine of €40 million ($42.7 million) on Amsterdam-based Altice Group in regards to the Faber co-investment project.

Former Wells Fargo branch manager convicted of money laundering

March 14, 2017
A former manager of a Wells Fargo branch in Glendale, California, was convicted of money laundering and false bank entry charges in connection with laundering the proceeds of a trademark scam.

Charles River Laboratories International to pay $1.8 million

March 14, 2017
Charles River Laboratories International has agreed to pay the U.S. government $1.8 million to settle claims that it violated the False Claims Act.

Russian Appeal Court confirms $17,000 fine upon Google

March 13, 2017
In November 2016 FAS held Google Inc. administratively liable and fined the company 500,000 RUB.

Volkswagen (VW) pleads guilty in U.S., will pay $2.8 billion

March 11, 2017
Volkswagen pleaded guilty in federal court in Detroit to three felony counts charging.

SEC charges firms involved in layering, manipulation schemes

March 11, 2017
The Securities and Exchange Commission (SEC) announced fraud charges against a Ukraine-based trading firm accused of manipulating the U.S. markets hundreds of thousands of times and the New York-based brokerage firm and CEO who allegedly helped make it possible.

Bosch in settlement for Volkswagen, Audi and Porsche vehicles

March 11, 2017
Robert Bosch reached a settlement with counsel for the consumer classes related to allegations that defeat device software was installed to bypass emissions standards in certain 2.0-liter and 3.0-liter diesel vehicles manufactured by Volkswagen, Audi, and Porsche.

Samara OFAS fined Rostelecom $16,980

March 10, 2017
Russian regulator Samara OFAS established that the company unreasonably restricted traffic transfer from networks of AIST CJSC to the local telephony network of Rostelecom in December 2014 - June 2016.

EU's Court of Justice upholds fines imposed on Samsung for participation cartel

March 9, 2017
By decision of 5 December 2012,1 the Commission imposed fines totalling approximately €1.47 billion on seven undertakings which had participated in one or two separate cartels on the market for cathode ray tubes (CRTs) between 1996/1997 and 2006.

Civil penalties issued for pesticide violations in Oregon

March 9, 2017
The Oregon Department of Agriculture’s Pesticides Program completed 716 investigations of potential pesticide violations in 2016 and, as a result, issued 37 final orders on civil penalties totaling $85,938 over the course of the year.

Banks in Finland caught of giving bad advice to seniors

March 9, 2017
The Finnish Financial Supervisory Authority has hit hard four financial enterprises for sloppy advice to customers in old age, media reported.

Jetstar and Virgin to pay penalties for misleading drip pricing practices

March 8, 2017
The Federal Court in Australia has ordered Jetstar Airways to pay a $545,000 penalty and Virgin Australia Airlines to pay a $200,000 penalty for breaches of the Australian Consumer Law.