Crime : Page 60
February 16, 2021
California Attorney General Xavier Becerra announced a $5.75 million settlement against General Motors (GM), resolving allegations that GM made false and misleading statements to investors, including the state’s largest pension system, regarding the costs the company would incur due to its ignition switch problems.
February 16, 2021
A court in Russia has upheld a fine of 146 billion rubles (£1.4bn/$2bn) for mining giant Norilsk Nickel (Nornickel) as a result of its role in one of the country’s worst oil spills in history.
February 12, 2021
Mexican steel tycoon Alonso Ancira Elizondo on Tuesday agreed to pay US$219 million in damages to state oil company PEMEX to avoid trial for money laundering and corruption.
February 11, 2021
A Florida man pleaded guilty today for fraudulently obtaining approximately $3.9 million in Paycheck Protection Program (PPP) loans and using those funds, in part, to purchase a $318,000 Lamborghini sports car for himself.
February 10, 2021
Indian drug manufacturer Fresenius Kabi Oncology Limited (FKOL) has agreed to plead guilty to concealing and destroying records prior to a 2013 U.S. Food and Drug Administration (FDA) plant inspection and pay $50 million in fines and forfeiture, the Department of Justice announced.
February 9, 2021
The Commercial Court of the Krasnoyarsk region has decided to award damages caused to the environment in amount of 146 billion rubles (about $2 billion) claimed by the Yenisei Interregional Office of the Russian Federal Service for Supervision of Natural Resources (Rosprirodnadzor) against JSC Norilsk-Taymyr Energy Company (NTEC), a Nornickel subsidiary, the court informed RAPSI y.
February 9, 2021
Attorney General Ken Paxton announced that Texas reached a $38.4 million settlement with McKinsey, one of the world’s largest consulting companies.
February 9, 2021
Attorney General Josh Shapiro announced that Citibank will refund $1,063,041 to approximately 7,000 Citi credit card accounts in Pennsylvania to resolve allegations that it illegally overcharged credit card interest.
February 8, 2021
The Bundeskartellamt has imposed fines totalling approx. 35 million euros on three steel forging companies and two senior staff members for their involvement in an anti-competitive exchange of information.
February 8, 2021
Norwegian-based global shipping company Wallenius Wilhelmsen Ocean AS (WWO) has been convicted of criminal cartel conduct and ordered by the Federal Court to pay a fine of $24 million, in a case prosecuted by the Commonwealth Director of Public Prosecutions (CDPP).
February 8, 2021
The Croatian Competition Agency (CCA) opened ex officio infringement proceeding against the mandaring oranges buyer Jasenska within the meaning of the Act on prohibition of unfair trading practices in the business-to-business food supply chain (UTPs Act) with the view to establishing whether this buyer of mandarin oranges used its strong bargaining power and imposed unfair trading practices on its suppliers.
February 5, 2021
Audrey Strauss, the United States Attorney for the Southern District of New York announced that Daniel Kamensky, the founder and manager of New York-based hedge fund Marble Ridge Capital, pled guilty to one count of bankruptcy fraud in connection with his scheme to pressure a rival bidder to abandon its higher bid for assets in connection with Neiman Marcus’s bankruptcy proceedings so that Marble Ridge could obtain those assets for a lower price.