Crime : Page 182

U.S. Steel to pay $2.2 million, help communities affected by pollution

November 23, 2016 U.S. Steel Corporation (U. S. Steel) has agreed to resolve Clean Air Act litigation initiated by the United States and the three states.

Ally Financial to pay a total of $52 million to settle mortgage case

November 22, 2016 Ally Financial resolved all outstanding investigations and potential claims by the U.S. Department of Justice (DOJ) related to residential mortgage-backed securities issued by the company's former mortgage subsidiary Residential Capital, LLC and its subsidiaries (ResCap RMBS).

Ex managers of Microsoft and Fujitsu charged in Romania

November 22, 2016 Two former managers of Microsoft Romania and the former manager of Fujitsu Siemens Computers in Romania were charged Monday on suspicion of abusing their positions for illicit gain which cost the state $67 million.

SEC charges renewable energy company, CEO, others with defrauding investors

November 18, 2016 The Securities and Exchange Commission (SEC) filed fraud charges against four individuals and others who allegedly profited by defrauding investors in a cash-strapped California-based renewable energy company.

Two men arrested, charged with kickback scheme at Valeant

November 17, 2016 U.S. prosecutors harged a former Valeant Pharmaceuticals International executive and the head of a specialty pharmacy company with engaging in a multi-million dollar fraud and kickback scheme.

JPMorgan Chase paying $264m for corrupt hiring scheme in China

November 17, 2016 The Securities and Exchange Commission (SEC) announced that JPMorgan Chase & Co. has agreed to pay more than $130 million to settle SEC charges.

Bogus health supplement company shut down in UK

November 17, 2016 Elbon Wellbeing Ltd, a Birmingham-based company which made false and misleading claims in persuading elderly and vulnerable customers to purchase health supplements, has been wound up in the High Court following an investigation by the Insolvency Service.

CITGO will pay $1.9m penalty, reduce greenhouse gas emissions

November 15, 2016 CITGO Petroleum Corporation and PDV Midwest Refining, collectively CITGO, have agreed to pay a $1,955,000 civil penalty.

Russian Economy Minister Ulyukayev arrested over alleged $2-million bribe

November 15, 2016 Russian Economy Minister Alexey Ulyukayev was arrested on suspicion of taking a bribe, the Investigative Committee told RAPSI.

Former Autonomy CFO charged with wire fraud

November 14, 2016 A federal grand jury indicted Sushovan Hussain with conspiracy to commit wire fraud and multiple counts of wire fraud.

Toyota to pay $3.4bn over corrosion in 1.5 million U.S. trucks and SUVs

November 14, 2016 Toyota Motor has agreed to pay up to about $3.4 billion to settle claims that certain of its trucks and sport-utility vehicles lacked proper rust protection, leading to premature corrosion of vehicle frames.

Qatar Airways fined for operating flights in FAA-prohibited airspace

November 11, 2016 The U.S. Department of Transportation (DOT) fined Qatar Airways $185,000 for operating flights in regions in which a Federal Aviation Administration (FAA) flight prohibition was in effect while carrying the American Airlines code.