Crime : Page 199

ESMA fines Fitch Ratings 1.38 million euros

July 27, 2016 The European Securities and Markets Authority (ESMA) has fined Fitch Ratings €1.38 million for a series of negligent breaches of the Credit Rating Agencies (CRA) Regulation.

Russian antimonopoly case became criminal case

July 27, 2016 Meschansky District Court in Moscow will consider a case on embezzlement of 490 million RUB allocated for developing infrastructure of Russian national border.

LATAM Airlines Group to pay $12.75 million criminal penalty

July 26, 2016 LATAM Airlines Group S.A. (LATAM), a commercial airline company based in Chile, has agreed to pay a $12.75 million criminal penalty.

LAN Airlines settles civil and criminal cases charges

July 26, 2016 The Securities and Exchange Commission (SEC) said South American-based LAN Airlines has agreed to pay more than $22 million to settle parallel civil and criminal cases.

Arrests in scheme to exploit medical info, defraud Florida Medicaid

July 25, 2016 Florida Attorney Pam Bondi’s Medicaid Fraud Control Unit and the Cocoa Police Department announced the arrests of three Brevard County residents, Bobby Lyons, Valerie Jackson and Kwanya Sanders.

Johnson & Johnson's Acclarent pays $18 million to settle false claims

July 25, 2016 California-based medical device manufacturer Acclarent Inc., a subsidiary of Johnson & Johnson, has agreed to pay $18 million to resolve false claims allegations.

Severn Trent Water fined £426,000 for repeated raw sewage leaks

July 25, 2016 At Nottingham Crown Court, Severn Trent Water Limited was fined £426,000, ordered to pay Environment Agency Costs of £38,642.60 as well as a victim surcharge of £120.

Securities fraud related to biodiesel fraud scheme convicted

July 22, 2016 U.S. Attorney Josh J. Minkler for the Southern District of Indiana announced the guilty verdict after an eight-day jury trial of Jeffrey Wilson of Evansville, In.

Ocean County company allegedly took money from Superstorm Sandy victims

July 22, 2016 The New Jersey Division of Consumer Affairs has filed an action against an Ocean County home improvement contracting company and two of its owners.

Australian court finds cable manufacturer engaged in cartel conduct

July 21, 2016 The Federal Court in Australia has found that an Italian corporation, Prysmian Cavi E Sistemi, engaged in cartel conduct in relation to the supply of high voltage land cables in Australia, in proceedings brought by the Australian Competition and Consumer Commission.

Australia’s first criminal cartel charge against Japanese NYK

July 21, 2016 Following an investigation by the Australian Competition and Consumer Commission (ACCC), Nippon Yusen Kabushiki Kaisha (NYK), a shipping company based in Japan, has pleaded guilty to criminal cartel conduct in the Federal Court.

Former Wells Fargo branch manager, two others charged with trademark scam

July 21, 2016 Charges against the former manager of a Wells Fargo Bank branch in Glendale, Ca., were unsealed, alleging that he was part of a scheme to launder the proceeds of a mass mailing scam targeting holders of U.S. trademarks.