Crime : Page 78
April 20, 2020
Superintendent of Financial Services Linda A. Lacewell announced that the New York State Department of Financial Services (DFS) has entered into a consent order with Industrial Bank of Korea (IBK) and its New York branch under which the bank will pay fines totaling $35 million to New York State for violations of New York Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) laws.
April 18, 2020
Safariland, LLC, which manufactures and sells equipment for the law-enforcement, military, and recreational markets, has agreed to settle Federal Trade Commission allegations that it entered several anticompetitive non-compete and customer non-solicitation agreements with body-worn camera system seller Axon.
April 18, 2020
Irving Oil was fined $200,000 on April 15 after the company pleaded guilty to a safety violation relating to a October 2018 fire and explosion at its refinery in St John, New Brunswick.
April 17, 2020
The Croatian Competition Agency found that the milk processor and buyer Vindija seriously violated the Act on the prohibition of unfair trading practices in the business-to-business food supply chain (UTPs Act) and was therefore imposed a fine in the amount of HRK 284,000 ($40,516).
April 17, 2020
In the judgment session on April 15, the Administrative Council for Economic Defense (Cade) condemned four companies and three individuals for international cartel, with effects in Brazil, in the market of underground and submarine cables.
April 15, 2020
European law enforcement agency Europol said Tuesday that it had foiled an attempt to cheat German health authorities by selling them millions of euros worth of non-existent face masks amid the coronavirus pandemic.
April 10, 2020
MiMedx Group Inc., a biopharmaceutical company based in Marietta, Georgia that manufactures and sells human tissue grafts, will pay $6.5 million to resolve allegations that it violated the False Claims Act by knowingly submitting false commercial pricing disclosures to the United States Department of Veterans Affairs (VA), the Justice Department announced.
April 10, 2020
Pentax Medical Company will pay $43 million to resolve criminal charges based on the company’s shipment of four types of endoscopes for 18 months without FDA-cleared instructions for use and the company’s failure to file timely reports of two infections associated with its endoscopes, the Department of Justice announced.
April 8, 2020
The Securities and Exchange Commission announced that Cantor Fitzgerald has agreed to pay $3.2 million to settle charges for providing the SEC with incomplete and inaccurate securities trading information known as “blue sheet data.â€
April 7, 2020
Authorities in Germany, Austria, Serbia and Bulgaria have dissolved an international organized crime group responsible for fraudulent trading in financial instruments and money laundering, the Bulgarian Prosecutor\'s Office said in a statement on Monday.
April 6, 2020
Dubai Economy issued fines to nine pharmacies and two pharmaceuticals suppliers for inflating the prices of face masks and trying to take undue advantage of the high demand for hygiene essentials following the nationwide alert against the coronavirus pandemic.
April 5, 2020
Jaiswinkumar Jagdishbhai Patel, who submitted fraudulent travel reimbursement vouchers to his employer over a period of several years, has pleaded guilty to one count of wire fraud.