Crime : Page 29
October 16, 2022
A remote employee of a U.S. business who was fired for refusing to leave his webcam on while he was working was awarded roughly 75,000 euros by a Dutch court for wrongful termination.
October 14, 2022
U.S. District Judge Ronnie L. White sentenced a Florissant woman who committed coronavirus pandemic fraud to two years in prison and ordered her to repay $787,000.
October 12, 2022
The U.S. Department of Labor has obtained a federal court order to stop an Alexander City manufacturer of Hyundai and Kia auto parts from employing 13-, 14- and 15-year-old workers illegally, and to prevent the company from shipping or delivering any goods produced in violation of federal child labor laws.
October 5, 2022
FINRA announced that it has fined UBS Securities $2.5 million for Regulation SHO (Reg SHO) violations and supervisory failures spanning a period of nine years.
October 3, 2022
The Securities and Exchange Commission announced charges against Kim Kardashian for touting on social media a crypto asset security offered and sold by EthereumMax without disclosing the payment she received for the promotion.
October 3, 2022
The Securities and Exchange Commission announced insider trading charges against two Canadian software engineers who made $1.6 million by trading ahead of non-public, market-moving financial information.
September 30, 2022
The Securities and Exchange Commission charged Barclays and Barclays Bank (BBPLC) in connection with the unregistered offer and sale of an unprecedented amount of securities due to a failure to implement any internal control to track such transactions in real time.
September 30, 2022
The Department of Justice announced that the Madoff Victim Fund (MVF) began its eighth distribution of approximately $372 million in funds forfeited to the U.S. government in connection with the Bernard L. Madoff Investment Securities (BLMIS) fraud scheme.
September 29, 2022
Bank of Ireland Group has been fined EUR100.5 million by the Central Bank of Ireland for regulatory breaches affecting tracker mortgage customers.
September 28, 2022
CFTC orders 11 financial institutions to pay over $710 million for recordkeeping and supervision failures for widespread use of unapproved communication methods.
September 28, 2022
Pharmaceutical company Biogen, based in Cambridge, Massachusetts, has agreed to pay $900 million to resolve allegations that it caused the submission of false claims to Medicare and Medicaid by paying kickbacks to physicians to induce them to prescribe Biogen drugs.
September 28, 2022
The Securities and Exchange Commission announced settled charges requiring Oracle Corporation to pay more than $23 million to resolve charges that it violated provisions of the Foreign Corrupt Practices Act (FCPA) when subsidiaries in Turkey, the United Arab Emirates, and India created and used slush funds to bribe foreign officials in return for business between 2016 and 2019.