POST Online Media Lite Edition



 

Crime : Page 2

Former asset manager and board member of Geneva private bank referred to Swiss Federal Criminal Court

April 3, 2024
The Office of the Attorney General of Switzerland has filed an indictment in the Federal Criminal Court against a former asset manager and board member of a Geneva private bank.

South Africa: SAP ordered to pay SIU $26m over 'invalid' Eskom contracts

March 27, 2024
German software company, SAP, has been ordered by the Special Tribunal to pay some R500 million ($26m) to the Special Investigating Unit (SIU) within seven days following a settlement reached between the company and the unit.

Former Steinhoff director appears in court for $1.1b fraud, racketeering

March 27, 2024
Former Steinhoff director Stephanus Grobler appeared in court on charges of racketeering, three counts of fraud worth R21 billion ($1.1b), manipulation of financial statements and failure to report fraudulent activities.

Genesis agrees to pay $21 million penalty to settle SEC charges

March 25, 2024
The Securities and Exchange Commission announced that Genesis Global Capital, LLC agreed to a final judgment ordering it to pay a $21 million civil penalty.

Google fined EUR 250 mln by French competition authority

March 21, 2024
French Competition Authority, The Autorite de la concurrence, said it has fined Alphabet and Google 250 million euros for non compliance with some of its commitments with news publishers.

10 automakers in South Korea fined for selling cars with subpar safety standard

March 20, 2024
Ten automakers in South Korea were fined for selling cars with subpar safety standard, the transport ministry said Wednesday.

Fedpol imposes penalties in Postbus fraud case

March 19, 2024
The Swiss Federal Office of Police (Fedpol) has imposed conditional fines and heavy penalties on seven people in the Postbus subsidy fraud case.

China to ban Evergrande chairman from securities market

March 19, 2024
China Evergrande Group founder Hui Ka Yan will be barred from the securities market for life and fined 47 million yuan, after the nation\'s regulator accused the group\'s flagship unit, Hengda Real Estate, of inflating results, securities fraud and failing to make timely disclosures.

Uber pays $178 million to end legal fight with Australian taxi drivers

March 18, 2024
Uber will pay 272 million Australian dollars ($178 million) to settle a dispute with Australian taxi and hire car drivers who lost out when the company entered the Australian market.

Fed fines JPMorgan Chase $350m for inadequate practices

March 18, 2024
The US Federal Reserve fined JPMorgan Chase approximately $350 million due to inadequate monitoring practices.

SEC charges 17 individuals in $300 million crypto asset Ponzi scheme targeting Latino community

March 18, 2024
The Securities and Exchange Commission today charged 17 individuals for their roles in a $300 million Ponzi scheme that involved Houston, Texas-based CryptoFX LLC and targeted more than 40,000 predominantly Latino investors in the U.S. and two other countries.

Tallgrass Energy’s ex board member Roy Cook, 4 others charged with insider trading before of Blackstone acquisition

March 13, 2024
The Securities and Exchange Commission announced insider trading charges against Roy Cook, a former board member of Tallgrass Energy, and four of his friends for trading on material nonpublic information in advance of a public announcement that Blackstone Infrastructure Partners had offered to acquire Tallgrass and take it private.
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