Crime : Page 192

Hungarian watchdog fines companies in hospital case with 843.800 euros

September 6, 2016 Hungarian Competition Authority has issued a total fine of 270 million HUF (843.800 euros) on several companies for coordinating their bids.

Australia and New Zealand Banking Group to refund nearly $29 million

September 5, 2016 Australia and New Zealand Banking Group Limited (ANZ) is refunding $28.8 million to 376,570 retail accounts, and 17,230 business accounts, after it failed to clearly disclose when certain periodical payment fees would apply.

India fines 10 cement companies for creating cartel

September 3, 2016 The Competition Commission of India (CCI) has imposed penalties upon 10 cement companies and their trade association Cement Manufacturers Association (CMA) for cartelisation in the cement industry.

Competition Commission of India imposes penalty on pharma association and Lupin

September 3, 2016 The Competition Commission of India has found the Karnataka Chemists and Druggist Association (KCDA) and Lupin Ltd. to be in contravention of the provisions of the Competition Act.

Australian competition watchdog forces Expedia and Booking to allow competition

September 3, 2016 Following an investigation by the Australian Competition and Consumer Commission, Expedia and Booking.com have each reached agreement to amend price and availability parity clauses in their contracts with Australian hotels and accommodation providers.

Two Greek shipping companies and engineers convicted of pollution

September 2, 2016 A federal jury in Greenville, North Carolina, has convicted Oceanic Illsabe Limited, Oceanfleet Shipping Limited and two of their employees of violating the Act to Prevent Pollution from Ships (APPS).

SFC says BNP Paribas must pay $515,000 for overcharging clients

September 2, 2016 The Securities and Futures Commission in Hong Kong has reprimanded BNP Paribas Wealth Management for overcharging clients and fined it HK$4 million ($515,000).

Settlement forbids major NYC developer from real estate offerings

September 1, 2016 New York Attorney General Eric T. Schneiderman announced a settlement with real estate developers Jeshayahu Boymelgreen, Itzhak Katan, and Domenick Tonacchio and several of their entities.

Play Big Therapy manager arrested for Medicaid fraud

September 1, 2016 Florida Attorney General Pam Bondi’s Medicaid Fraud Control Unit announced the arrest of the supervisor of targeted case management services at Play Big Therapy for allegedly defrauding the Florida Medicaid program out of more than $12,000.

RBC to pay $2.5 million for proxy statement disclosure violations

September 1, 2016 The Securities and Exchange Commission (SEC) announced that RBC Capital Markets has agreed to a $2.5 million settlement.

Australia seeks penalties for Volkswagen Dieselgate

September 1, 2016 The Australian Competition and Consumer Commission (ACCC ) has instituted proceedings in the Federal Court of Australia against German company Volkswagen and Volkswagen Group Australia.

20 years and $57 million fine for Medicare fraud scheme

August 31, 2016 Khaled Elbeblawy of Miramar, Florida, was sentenced by U.S. District Judge Beth Bloom of the Southern District of Florida, who also ordered Elbeblawy to pay approximately $36,400,957 in restitution and to forfeit the same amount.