POST Online Media Lite Edition



 

Crime : Page 75

UK roofing firms Associated Lead Mills and H.J Enthoven admit to illegal cartel

June 12, 2020
2 of the UK’s largest suppliers of rolled lead have admitted to taking part in anti-competitive arrangements and could face fines of more than £11 million.

FCA fines Lloyds Banking Group £64m after mistreating mortgage customers in difficulty

June 12, 2020
The Financial Conduct Authority (FCA) has fined Lloyds Bank plc, Bank of Scotland plc and The Mortgage Business plc (the banks) £64,046,800 for failures in relation to their handling of mortgage customers in payment difficulties or arrears.

FTC reaches settlement with Kohl’s over identity theft problem

June 11, 2020
Kohl’s Department Stores, Inc. has agreed to pay a civil penalty of $220,000 to settle Federal Trade Commission allegations that Kohl’s violated the Fair Credit Reporting Act (FCRA) by refusing to provide complete records of transactions to consumers whose personal information was used by identity thieves.

Thai seafood scammers sentenced to 1,446 years in prison

June 10, 2020
The owners of a seafood restaurant that ran an infamous con on its own customers were sentenced in court to nearly a millennium and a half behind bars.

Slovakia: Council of AMO SR fines cartel in sale of Volkswagen vehicles

June 8, 2020
Council of the Antimonopoly Office of the Slovak Republic changed the first-instance decision of the Antimonopoly Office of the Slovak Republic, the Division of Cartels, in the part concerning the imposed fine.

Sony to pay $3.5 million penalty for misrepresenting PlayStation gamers’ rights

June 8, 2020
The Federal Court has ordered Sony Interactive Entertainment Network Europe Limited to pay $3.5 million in penalties for making false and misleading representations on its website and in dealings with Australian consumers about their Australian Consumer Law (ACL) rights.

Security Service of Ukraine uncovers multimillion financial fraud during state roads construction

June 6, 2020
The Security Service of Ukraine uncovered multimillion financial fraud with budget funds during the state roads construction.

FINRA orders Merrill Lynch, Pierce, Fenner and Smith to pay $7.2 million in restitution

June 5, 2020
FINRA announced that it has ordered Merrill Lynch, Pierce, Fenner and Smith Inc. to pay more than $7.2 million in restitution and interest to customers who incurred unnecessary sales charges and paid excess fees in connection with mutual fund transactions.

Federal criminal case led to $100 million fine, possible jail time for Bumble Bee Foods CEO

June 4, 2020
Washington Attorney General Bob Ferguson filed a civil lawsuit against Starkist, one of the world’s largest canned tuna manufacturers and the former CEO of Bumble Bee Foods, another large tuna manufacturer, over a price fixing conspiracy that drove up the cost of packaged tuna for more than a decade, costing Washingtonians at least $6 million.

Pilgrim's Pride, Claxton Poultry Farms indicted on antitrust charges

June 4, 2020
A federal grand jury in the U.S. District Court in Denver, Colorado, returned an indictment against four executives for their role in a conspiracy to fix prices and rig bids for broiler chickens, the Department of Justice announced.

GenOn Holdings must pay $2.5 million for polluting Potomac River

June 1, 2020
Attorney General Karl A. Racine announced that GenOn Holdings, Inc., a major U.S. fossil-fuel power producer, is required to pay $2.5 million to the District to resolve allegations that one of its powerplants illegally discharged oil and other pollutants directly into the Potomac River.

Consumers to get $550 million in multistate settlement with Santander Consumer USA

June 1, 2020
Attorney General Dana Nessel, as part of a coalition of 34 attorneys general, recently announced a settlement with Santander Consumer USA Inc. that includes about $550 million in relief for consumers nationwide with even more in additional deficiency waivers expected.
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