POST Online Media Lite Edition



 

Crime : Page 71

Russia’s antimonopoly watchdog finds two oil traders guilty of fuel price fixing

August 20, 2020
Russia’s Federal Antimonopoly Service (FAS) has found two largest Russian oil trading companies guilty of making a cartel agreement during a fuel stock trading in 2018, the watchdog’s statement reads.

Transaero receiver sentenced to 5.5 years in $15 million embezzlement case

August 20, 2020
The former court-appointed receiver of Transaero air carrier Mikhail Kotov was convicted and sentenced to 5.5 years in jail in a case over 1-billion-ruble embezzlement (about $15 million) and abuse of office, the spokesperson of Moscow’s Savelovsky District Court Maria Mikhailova told RAPSI.

Bank of Nova Scotia agrees to pay $60.4 million in connection with commodities price manipulation sc

August 20, 2020
The Bank of Nova Scotia has entered into a resolution with the Department of Justice to resolve criminal charges related to a price manipulation scheme involving thousands of episodes of unlawful trading activity by four traders in the precious metals futures contracts markets.

Colorado: WebBank, Cross River Bank to pay $1,550,000 for exceeding interest on consumer loans

August 19, 2020
Colorado Attorney General Phil Weiser announced that his office has reached a settlement in two precedent-setting lawsuits involving Colorado’s right to enforce its interest rate limits on consumer loans to protect residents from predatory lending practices.

CADE fines Positron in BRL 8 million for anti-competitive conduct

August 17, 2020
In the hearing on 12 August, the Administrative Council for Economic Defense (CADE) condemned the company Positron (PST Eletrônica) to pay a fine around BRL 8 million for an economic crime.

Daimler agrees U.S. settlement over diesel emissions

August 13, 2020
Daimler has reached an agreement to settle U.S. proceedings relating to investigations into software to cheat diesel emissions tests that will result in costs of about $1.5 billion, the German carmaker said on Thursday.

AG Brnovich obtains $22.5 million judgment and injunction against Eonsmoke

August 11, 2020
Attorney General Mark Brnovich announced that the Arizona Attorney General\'s Office (AGO) obtained a $22.5 million judgment and a permanent injunction against vaping peddler Eonsmoke, LLC.

Novartis Pharmaceuticals to pay $4.4 million to resolve medicaid fraud allegations

August 7, 2020
Maryland Attorney General Brian E. Frosh announced that Maryland will receive more than $4.4 million to resolve allegations that Novartis Pharmaceuticals Corporation paid kickbacks to health care practitioners in the form of cash, meals, entertainment, and honoraria payments to induce them to prescribe various medications that treat hypertension or Type 2 Diabetes.

Online travel agency Rocketmiles must pay Washingtonians $300,000 over hidden fees

August 3, 2020
Attorney General Bob Ferguson announced that, as a result of his office’s multiyear investigation into online travel agency Rocketmiles, Washington consumers can now file claims to receive their share of a $300,000 recovery.

Poland fines Gazprom $57 million over Nord Stream 2

August 3, 2020
The penalty imposed on Gazprom is related to the proceedings conducted with regard to the creation of a consortium financing the construction of Nord Stream 2 gas pipeline without a required consent of the President of UOKIK.

Misuga Kaiun fined $1.5 million for concealing illegal discharges of oily water

August 1, 2020
Misuga Kaiun Co. Ltd., a Japanese-based company engaged in international shipping, was sentenced in federal court before U.S. District Court Judge Paul G. Byron in Orlando, Florida.

Indivior to pay $10 million to consumers, settling FTC Charges over addiction treatment

July 27, 2020
Indivior, Inc. has agreed to pay $10 million to settle Federal Trade Commission charges that it violated antitrust laws through a deceptive scheme to thwart lower priced generic competition with its branded opioid replacement therapy drug Suboxone.
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