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Crime : Page 34

SEC charges eleven individuals in $300 million crypto pyramid scheme

August 2, 2022
The Securities and Exchange Commission charged 11 individuals for their roles in creating and promoting Forsage.

Diesel spill at Northwest Territories diamond mine results in $350,000 fine

July 27, 2022
On July 25, 2022, De Beers Canada was sentenced to pay $350,000, in Yellowknife Territorial Court, Northwest Territories, after pleading guilty to one offence under the Canadian Environmental Protection Act, 1999 (CEPA), in violation of the Storage Tank Systems for Petroleum Products and Allied Petroleum Products Regulations, subsection 2.1

Hyundai Capital America to pay $19.2 mln for widespread credit reporting failures

July 27, 2022
The Consumer Financial Protection Bureau (CFPB) penalized Hyundai Capital America for repeatedly providing inaccurate information to nationwide credit reporting companies and failing to take proper measures to address inaccurate information once it was identified between 2016 and 2020.

KPMG and four former employees fined

July 25, 2022
KPMG has been fined £14.4mln by the financial regulator over falsifying information in connection with audits of Carillion and Regenersis.

Biotronik to pay $12.95 million to settle allegations of improper payments to physicians

July 25, 2022
Biotronik has agreed to pay $12.95 million to resolve allegations that it violated the False Claims Act by causing the submission of false claims to Medicare and Medicaid by paying kickbacks to physicians to induce their use of Biotronik’s implantable cardiac devices, such as pacemakers and defibrillators.

Cargill Limited fined $100,000 after workplace injury at London, Ontario poultry plant

July 24, 2022
The fine was imposed by Justice of the Peace Kristine M. Diaz following a guilty plea at the provincial offences court in London, Ontario.

USDA restricts PACA violators in Florida, New York, Texas from operating in produce industry

July 22, 2022
The U.S. Department of Agriculture (USDA) has imposed sanctions on four produce businesses for failing to meet contractual obligations to the sellers of produce they purchased and failing to pay reparation awards issued under the Perishable Agricultural Commodities Act (PACA).

Powerline Petroleum to pay $875,000 for fraud

July 22, 2022
CFTC orders Powerline Petroleum to pay $875,000 for fraud, false statements to CME, and failure to register as a commodity trading advisor.

Operator of Missouri aircraft supply businesses pleads guilty in $7 million fraud scheme

July 21, 2022
Kyle J. Wine, 41, of Lee’s Summit, Missouri, waived his right to be indicted and pleaded guilty via videoconference before U.S. District Judge Omar A. Williams in Hartford to fraud and money laundering offenses stemming from a $7 million scheme related to his commercial aircraft supply businesses.

Russia fines Google $370 million for repeated content violations

July 19, 2022
On July 18, the World Court of the Tagansky District of Moscow considered the administrative protocol of Roskomnadzor against the American IT corporation Google LLC for violating the procedure for restricting access to information recognized as prohibited.

First verdict in EPPO case in Slovenia: Three found guilty of attempted fraud

July 18, 2022
At the beginning of this month, on 4 July, Maribor Local Court (Okrajno sodišče v Mariboru) issued a verdict with a punitive order, regarding the first indictment of a European Public Prosecutor’s Office (EPPO) case in Slovenia.

Settlement requires PCS Nitrogen to treat over 1 billion pounds of acidic hazardous process wastewater

July 18, 2022
The Justice Department, the Environmental Protection Agency (EPA) and the Louisiana Department of Environmental Quality (LDEQ) announced a settlement with PCS Nitrogen Fertilizer L.P. (PCS Nitrogen), to remedy hazardous waste issues at its former fertilizer manufacturing facility in Geismar, Louisiana.
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