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Crime : Page 46

Commission fines former ethanol producer Abengoa €20 million in cartel settlement

December 13, 2021
The Commission has fined the Spanish company Abengoa S.A. and its subsidiary Abengoa Bionenergía S.A. (together ‘Abengoa\') €20 million for participating in a cartel concerning the wholesale price formation mechanism in the European ethanol market.

Olybro fined $110,000 for Environmental Protection Act Violation

December 10, 2021
Olybro Inc. was convicted of one violation under the Environmental Protection Act and was fined $110,000, plus a victim fine surcharge of $27,500.

Italy fines Amazon $1.28 billion over alleged abuse of market dominance

December 9, 2021
The Authority found that Amazon harmed its competitors in the market for e commerce logistics services.

Summit Midstream Partners sentenced for largest inland oil spill

December 8, 2021
The pipeline company responsible for the discharge of 29 million gallons of oil contaminated produced water, a waste product of hydraulic fracturing, was sentenced to pay a $15 million criminal fine and serve a three year period of probation by U.S. District Court Judge Daniel M. Traynor in Williston, North Dakota.

Germany's national competition regulator imposes fine on audio equipment manufacturer Bose

December 6, 2021
The Bundeskartellamt has imposed a fine totalling around 7 million euros on Bose GmbH, which is based in Friedrichsdorf, on account of resale price maintenance.

Barclays, RBS, HSBC, Credit Suisse fined 344 mln euros for forex cartel

December 2, 2021
European Union antitrust regulators fined Barclays, Credit Suisse, HSBC and RBS a total of 344 million euros ($390 million) on Thursday for rigging the foreign exchange spot trading market.

Kirby Inland Marine will pay over $15 million for injuries to natural resources resulting from oil spill

December 2, 2021
Houston, Texas based Kirby Inland Marine LP has agreed to pay $15.3 million in damages and assessment costs under the Oil Pollution Act to resolve federal and state claims for injuries to natural resources resulting from an oil spill from a Kirby barge, after a collision Kirby caused.

AG Ferguson: Amazon will pay $2.5 million over illegal sales of regulated pesticides

December 1, 2021
Washington Attorney General Bob Ferguson announced Amazon will pay $2.5 million for selling highly regulated pesticides on its online platform without a license and without collecting information about their use as required by law.

UK: Quarrying company fined after blasting operation puts workers at risk

December 1, 2021
Breedon Trading has been fined for safety breaches after a fly rock projection event occurred during the use of explosives.

FAS Russia fined TELE2 for abuse of its dominant position

November 29, 2021
The authority initiated an administrative offense case against the company and imposed a 825,500 rubles ($10,925) fine on the telecom operator for the abuse of its dominant position on November 22.

SEC charges ProPetro and former CEO with failing to disclose executive perks and stock pledges

November 26, 2021
The Securities and Exchange Commission announced that Texas based oilfield services company ProPetro Holding Corp. and its founder and former CEO Dale Redman have agreed to settle charges that they failed to properly disclose some of Redman’s executive perks and two stock pledges.

Energy efficiency funds fraudsters deactivated in Italy

November 24, 2021
The Italian Financial Corps (Guardia di Finanza), the German Duisburg Police (Polizei Duisburg) and the Swiss Police of the Canton of Lucerne (Kantonspolizei Luzern), supported by Europol and Eurojust, dismantled a criminal network involved in fraud with public funds.
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