Crime : Page 203

Andrew W.W. Caspersen pleads guilty after charged with $150 million fraud

July 7, 2016 Andrew W.W. Caspersen, a former Wall Street executive charged with masterminding a $150 million fraud, pleaded guilty to stealing millions from investors to place risky stock market bets.

France fines Henkel, others over exclusive import deals

July 6, 2016 France's competition authority said it was imposing a fine of 615,000 euros on German consumer goods company Henkel and several wholesalers importing its products in French overseas territories.

AG Coffman successful against largest foreclosure law firm in Colorado

July 6, 2016 Attorney General Cynthia H. Coffman won an important victory in her fight to hold the largest foreclosure law firm in Colorado accountable for allegedly charging grossly inflated costs in foreclosure proceedings.

AG approves settlement with company accused of misleading Idaho businesses

July 6, 2016 Attorney General Lawrence Wasden says a company that misled small Idaho businesses last year has agreed to pay more than $9,000 in restitution to business owners who filed complaints.

Michelle Dunk charged quasi-criminally with fraud, unregistered trading

July 5, 2016 The Ontario Securities Commission (OSC) said that Michelle Dunk of Waterloo, Ontario, has been charged with alleged breaches of the Securities Act (Ontario) following an investigation by the OSC’s Joint Serious Offences Team (JSOT).

St. Louis personal care attendant sentenced for Medicaid fraud

July 5, 2016 Missouri Attorney General Chris Koster announced that a judge has sentenced personal care attendant, Yvonne Conley of St. Louis, to three concurrent five-year prison sentences.

Three ex-Barclays traders found guilty for Libor rigging

July 4, 2016 Three former Barclays traders have been found guilty by a London jury of conspiring to fraudulently manipulate global benchmark interest rates in a major victory for Britain's Serious Fraud Office (SFO).

Number of Georgia investors accused of bid rigging jumps to 20

July 4, 2016 Three Georgia real estate investors pleaded guilty for their roles in bid-rigging and fraud conspiracies committed at public real estate foreclosure auctions in Georgia, the Department of Justice announced.

Spanish investor charged for covering up investigation into $4.6m insider trading

July 4, 2016 A federal grand jury in Chicago has indicted a Spanish investor for allegedly covering up an international insider trading scheme that netted more than $4.6 million.

Two U.S. funds sue dozens of banks for Singapore rate rigging

July 4, 2016 Two U.S.-based investment funds have filed a lawsuit in New York against dozens of banks accusing them of conspiring to rig derivative prices incorporating Singapore interest rate benchmarks, a court filing showed.

La’ James Intl College to forgive $2.1m in student debts through fraud settlement

July 1, 2016 Fort Dodge, Iowa-based cosmetology school La’ James International College will forgive $2.1 million in student debts, significantly change its business practices, submit to outside oversight, and pay $550,000, through a settlement with Attorney General Tom Miller.

Medical tourism agent Rudy Rupak faces 20 years for fraud

July 1, 2016 Medical tourism agent Rudy Rupak of Planet Hospital was indicted for £2 million wire fraud. He faces a maximum sentence of up to 20 years in federal prison for stealing more than $2 million from infertile clients.