POST Online Media Lite Edition



 

Crime : Page 36

Justice Department announces phase two of compensation process for Western Union fraud victims

July 7, 2022
The Department of Justice announced that it has begun phase two of the remission compensation process to provide recovery for Western Union fraud victims.

CFTC orders J.P. Morgan to pay $850,000 for swap reporting failures

July 6, 2022
The Commodity Futures Trading Commission issued an order simultaneously filing and settling charges against JPMorgan Chase Bank, N.A., J.P. Morgan Securities LLC, and J.P. Morgan Securities, plc for failing to comply with their reporting obligations as swap dealers.

Precision Pharmaceuticals fined and directed to cease alleged unlawful advertising of nicotine vaping products

July 4, 2022
The Therapeutic Goods Administration (TGA) has issued two infringement notices totalling $26,640 to NSW-based company Precision Pharmaceuticals for the alleged unlawful advertising of nicotine vaping products on their website.

Apple’s former director of corporate law admits insider trading

July 4, 2022
The former corporate secretary and director of corporate law at Apple admitted engaging in an insider trading scheme that spanned five years, Attorney for the United States Vikas Khanna announced.

Air France and KLM Airlines to pay $3.9m for falsely reporting delivery times of U.S. mail carried internationally

July 4, 2022
The Justice Department announced that Air France and KLM Airlines have agreed to pay $3.9 million to resolve their alleged liability under the False Claims Act for falsely reporting information about the transfer of U.S. mail to foreign posts or other intended recipients under contracts with the U.S. Postal Service (USPS).

Cartel fined for fixing price of Volkswagens

July 1, 2022
A group of Volkswagen dealers in southern Switzerland has been fined CHF44 million ($46 million) by the Federal Competition Commission (Comco).

Purdue Pharma: Largest settlement of governmental health claim in Canadian history

June 30, 2022
Opioid manufacturer Purdue Pharma (Purdue Canada) has agreed to a first of its kind settlement in Canada resulting from British Columbia-led efforts to recover health-care costs related to the sale and marketing of opioid-based pain medicines.

UBS to pay $25 million to settle SEC fraud charges involving complex options trading strategy

June 30, 2022
The Securities and Exchange Commission announced that UBS Financial Services Inc. has agreed to pay approximately $25 million to settle fraud charges relating to a complex investment strategy referred to as YES, or Yield Enhancement Strategy.

Former airline employee and aircraft part sellers charged in kickback and money laundering scheme

June 29, 2022
An indictment was unsealed in federal court in Brooklyn charging Keily Nunez, Julien Levy, Ivan Santos and Ramnik Soni with conspiracy to commit honest services wire fraud and money laundering conspiracy.

Ernst & Young to pay $100 million penalty for employees cheating on CPA ethics exams and misleading investigation

June 29, 2022
The Securities and Exchange Commission charged Ernst & Young LLP (EY) for cheating by its audit professionals on exams required to obtain and maintain Certified Public Accountant (CPA) licenses, and for withholding evidence of this misconduct from the SEC’s Enforcement Division during the Division’s investigation of the matter.

Credit Suisse fined $2 million for money laundering

June 28, 2022
Swiss bank Credit Suisse has been fined CHF2 million ($2 million) for allowing cocaine dealers to launder money through its vaults.

$1.25 million multistate settlement over 2019 Carnival Cruise Line data breach

June 27, 2022
Attorney General Herbert H. Slatery III announced that Tennessee, along with 45 other attorneys general, has obtained a $1.25 million multistate settlement with Florida-based Carnival Cruise Line after a 2019 data breach that involved the personal information of approximately 180,000 Carnival employees and customers nationwide.
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