POST Online Media Lite Edition



 

Crime : Page 84

CFTC orders South Korean company Mirae Asset Daewoo to pay $700,000 for spoofing

January 14, 2020
The Commodity Futures Trading Commission issued an order simultaneously filing and settling charges against Mirae Asset Daewoo for spoofing in the Chicago Mercantile Exchange (CME) E-mini S and P 500 futures market.

Former SNC-Lavalin executive Sami ​​​​​​​Bebawi sentenced to 8 years in prison

January 11, 2020
Former SNC-Lavalin executive Sami Bebawi was sentenced to eight years and six months in prison yesterday.

Denmark: High Court fines two construction companies for bid rigging

January 10, 2020
The High Court has fined the construction companies Jorton and H. Skjøde Knudsen respectively DKK 3,000,000 (€ 401,442) and DKK 267,628 (€ 35,806) for bid rigging.

Dixons Carphone to pay £500,000 fine after data breach

January 9, 2020
The UK’s data watchdog has fined Dixons Carphone half a million pounds over a computer hack which compromised the personal information of at least 14 million people.

Regulator fines top telecom providers in Romania for failing to reach coverage target

January 8, 2020
Romania’s telecom regulator ANCOM issued total fines of RON 1.61 million (EUR 337,000) for the top four mobile operators in the country for failing to meet their obligation to reach a coverage rate of at least 98% of Romania’s population for mobile voice services.

Teva agrees to pay $54m fine to settle whistleblower lawsuit

January 7, 2020
Teva Pharmaceuticals USA and two subsidiaries agreed to pay $54 million to settle allegations in a whistleblower lawsuit that the company improperly paid physicians to serve as speakers or consultants to boost prescriptions for two Teva products.

Hungary fines imaging diagnostic tools manufacturers for cartel activity

January 6, 2020
Hungaryʼs competition office GVH has fined a number of companies manufacturing and marketing imaging diagnostic products for violating regulations relating to EU-funded public procurement tenders, state news wire MTI reports.

Oppenheimer to pay $4.7m fine over early UIT rollovers

December 31, 2019
FINRA announced that it has ordered Oppenheimer to pay more than $3.8 million in restitution to customers who incurred potentially excessive sales charges caused by early rollovers of Unit Investment Trusts (UITs).

Brazil fines Facebook $1.65 million

December 31, 2019
Brazil on Monday fined Facebook $1.65 million for improperly sharing users\' data in a case linked to the global Cambridge Analytica scandal.

Colorado Attorney General: CenturyLink will pay $8,476,000 fine for overbilling customers

December 30, 2019
Attorney General Phil Weiser announced that CenturyLink will pay $8,476,000 for unfairly and deceptively charging hidden fees, falsely advertising guaranteed locked prices, and failing to provide discounts and refunds it promised to consumers who signed up for internet, television, and telephone services in Colorado.

Netherlands fines KPN, Tele2, T-Mobile and Vodafone for murky websites

December 30, 2019
The Netherlands Authority for Consumers and Markets (ACM) has imposed fines on telecom providers KPN, Tele2, T-Mobile and Vodafone for displaying incorrect and incomplete information about their offerings on their websites for consumers.

China fines Toyota $12.5 million over Lexus price fixing

December 28, 2019
China’s market regulator has Toyota Motor 87.6 million yuan ($12.5 million) for price-fixing on Lexus cars in Jiangsu province.
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