Crime : Page 171

Nigeria orders forfeiture of Shell, Eni oilfield in corruption probe

January 27, 2017 A Nigerian court has ordered the temporary forfeiture of assets and the transfer of operations of a long-disputed oilfield owned by Shell and Eni, among others.

SEC charges two former Och-Ziff executives with FCPA violations

January 26, 2017 The Securities and Exchange Commission (SEC) charged two former executives at Och-Ziff Capital Management Group with being the driving forces behind a far-reaching bribery scheme that violated the Foreign Corrupt Practices Act (FCPA).

Citigroup to pay $18.3m, cannot locate 83,000 advisory accounts

January 26, 2017 The Securities and Exchange Commission (SEC) announced that Citigroup Global Markets has agreed to pay $18.3 million to settle charges that it overbilled investment advisory clients and misplaced client contracts.

Federal banking agencies fine ServiceLink Holdings $65 million

January 25, 2017 The federal banking agencies fined ServiceLink Holdings $65 million for improper actions by its predecessor company, Lender Processing Services.

Ukraine watchdog fines Boryspil airport almost $500.000 for abuse of monopoly

January 25, 2017 Ukraine's Antimonopoly Committee has fined the Boryspil International Airport (Kyiv) for abuse of monopoly on the specialized airport service market.

Morgan Stanley, Citigroup charged with misleading investors about forex

January 24, 2017 The Securities and Exchange Commission (SEC) announced that Morgan Stanley Smith Barney and Citigroup Global Markets have agreed to pay more than $2.96 million apiece.

Shipping conglomerate, former CFO charged in $512 million tax liabilities case

January 24, 2017 The Securities and Exchange Commission (SEC) charged shipping conglomerate Overseas Shipholding Group (OSG) and its former chief financial officer Myles R. Itkin.

Washington River Protection Solutions to pay $5.275 million

January 24, 2017 Washington River Protection Solutions LLC (WRPS) has agreed to pay the United States $5.275 million.

NCI finds controller stole $18m from company over six years

January 24, 2017 NCI, a provider of information technology and professional services and solutions to U.S. Federal Government agencies, announced that, based upon preliminary findings, it has discovered that its controller, acting alone, embezzled money from the company.

Fingerprint Cards says ex CEO, board member arrested in market abuse probe

January 24, 2017 Fingerprint Cards said its former CEO and a board member had been arrested on suspicion of insider trading ahead of a profit warning by the biometric technology group in December.

HSBC to pay £4m in redress for overcharging customers in arrears

January 20, 2017 HSBC agreed to pay £4 million in redress to customers who were overcharged when they fell into arrears after buying goods on credit.

Las Vegas Sands Corporation to pay nearly $7 million for China and Macao

January 20, 2017 Las Vegas Sands Corp. agreed to pay a $6.96 million criminal penalty to resolve the government’s investigation into violations of the Foreign Corrupt Practices Act (FCPA) in connection with business transactions in the People’s Republic of China (PRC) and Macao.