POST Online Media Lite Edition



 

Crime : Page 45

France imposes fines on Facebook Ireland and Google

January 6, 2022
On December 31, 2021, the France\'s data privacy watchdog CNIL fined the company Facebook Ireland Limited 60 million euros because the users of the social network facebook.com residing in France can\'t refuse cookies as easily as to accept them.

UAE money exchange house fined $163.000 for transporting cash in civilian car

January 3, 2022
A money exchange company in the UAE has been fined Dh600,000 ($163,000)for transporting money in a civilian car rather than a security van by a licensed cash transport company.

Teva fueled opioid addiction in New York, jury finds

December 30, 2021
New York Attorney General Letitia James released a statement after a jury voted that Teva Pharmaceuticals USA, Inc. and its affiliates were liable for the public nuisance charges made by New York state in its opioid trial in Suffolk County State Supreme Court.

Deutsche Bank fined 8.66 million euros by German regulator over Euribor

December 29, 2021
Deutsche Bank AG has been fined 8.66 million euros ($9.8 million) in relation to euro interbank offered rate, or Euribor, Germany\'s financial regulator Bafin said.

Russia hits Google and Meta with $127 million fines

December 24, 2021
Russia has hit tech giants Google and Meta with huge fines over their failure to delete content banned by local law.

Taylor Energy to pay over $43 million for Gulf of Mexico oil spill

December 23, 2021
Taylor Energy Company LLC, a Louisiana oil and gas company, has agreed to turn over all its remaining assets to the United States upon liquidation to resolve its liability for the oil spill at its former Gulf of Mexico offshore oil production facility, the source of the longest-running oil spill in U.S. history, ongoing since 2004.

Bank of England fines Metro Bank £5,376,000 for failing in its regulatory reporting governance and controls

December 22, 2021
The Prudential Regulation Authority (PRA) has imposed a financial penalty on Metro Bank plc of £5,376,000 ($7.13 million) for failing to act with due skill, care and diligence in relation to the regulatory reporting of its capital position and for failings in its regulatory reporting governance, controls and investment with respect to its Common Reporting (COREP) returns sent to the PRA between 13 May 2016 to 23 January 2019.

Surgery Center Management guilty in $355 million health insurers fraud

December 22, 2021
A former doctor and his company were found guilty today by a federal jury of scheming to defraud private insurance companies and the Tricare health care program for military service members by fraudulently submitting an estimated $355 million in claims related to the 1-800-GET-THIN Lap-Band surgery business.

Bank of England fines Standard Chartered $61.5 million for regulatory lapses

December 20, 2021
The Prudential Regulation Authority (PRA) has imposed a financial penalty on Standard Chartered Bank (SCB) of £46.55 million for failing to be open and cooperative with the PRA and for failings in its regulatory reporting governance and controls in relation to a tailored PRA liquidity expectation.

CFTC orders JPMorgan to pay $75 million for unapproved communication

December 20, 2021
The Commodity Futures Trading Commission today 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 (collectively, JPMorgan), for failing to maintain, preserve, and produce records that were required to be kept under CFTC recordkeeping requirements, and failing to diligently supervise matters related to its businesses as CFTC registrants.

Federal court orders Easterday Ranches to pay $263 million for phantom cattle fraud

December 20, 2021
The Commodity Futures Trading Commission announced today that Chief Judge Stanley A. Bastian of the U.S. District Court for the Eastern District of Washington issued an order granting a permanent injunction against Easterday Ranches, Inc., and requiring it to pay a combined $263 million in restitution and civil monetary penalty in connection with a phantom cattle fraud scheme.

HSBC fined £63.95m by FCA for anti money laundering failings

December 17, 2021
Britain’s financial regulator had fined HSBC 63.95 million pounds ($85.16 million) for failings in its anti money laundering processes.
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