Crime : Page 90

Arrest and indictment of three individuals in $7 million California mortgage fraud scheme

October 22, 2019 California Attorney General Xavier Becerra announced the indictment and arrest of three individuals on a 121-count felony indictment for allegedly operating a mortgage fraud scheme throughout California.

After eight years of investigation Switzerland found Gunvor guilty

October 20, 2019 After an eight-year-long investigation, the Office of the Attorney General of Switzerland (OAG) has found Gunvor guilty of organisation failures in connection with corruption in oil markets in Congo-Brazzaville and Ivory Coast.

Goldman Sachs investment banker charged in insider trading scheme

October 20, 2019 A Goldman Sachs Group investment banker Bryan Cohen has been released on bond and placed on leave after allegedly being involved in an insider trading scheme.

€900,000 fine for French energy supplier Engie

October 19, 2019 French energy supplier Engie has been fined nearly €900,000 after being found guilty of breaching rules on canvassing customers.

Turkish Bank charged in Manhattan for participation in Iranian sanctions evasion

October 16, 2019 The Department of Justice announced that Türkiye Halk Bankasi A.S., aka “Halkbank,” was charged in a six-count indictment with fraud, money laundering, and sanctions offenses related to the bank’s participation in a multibillion-dollar scheme to evade U.S. sanctions on Iran.

Two international shipping companies pay $1.8 million fine in U.S.

October 16, 2019 Two shipping companies incorporated in Liberia pled guilty in federal court in Wilmington, Delaware, to failing to notify the U.S. Coast Guard of a hazardous condition on one if its vessels and to violating the Act to Prevent Pollution from Ships (APPS) by presenting false documents to the Coast Guard that covered up vessel oil pollution.

Genetic testing company and three principals agree to pay $42.6 million to resolve claims

October 10, 2019 The Justice Department announced that UTC Laboratories Inc. (RenRX) has agreed to pay $41.6 million, and its three principals, Tarun Jolly M.D., Patrick Ridgeway, and Barry Griffith, have agreed to pay $1 million.

CNMC in Spain dismantles cartel organized by 19 industrial companies

October 9, 2019 The CNMC has dismantled and sanctioned the cartel organized by 19 industrial assembly and maintenance companies, which was created to increase the cost of services mainly provided to companies in the energy and petrochemical sector.

Bose fined 650,000 euros after price negotiations

October 9, 2019 The Cartel Court, after the Austrian Federal Competition Authority\'s request, imposed a fine of € 650,000 on Bose.

Celsa Manufacturing fined 1.8m pounds after two workers died in explosion

October 8, 2019 Celsa Manufacturing (UK) have been fined after an explosion killed two workers and seriously injured another at the Celsa Steelworks site in Cardiff.

Green Grass Farms and contract milker fined almost $10,000 for over 100 cow tail breaks

October 5, 2019 An Invercargill farming operation and a contract milker employed by the company have been convicted and fined almost $10,000 after more than 100 cows in their care suffered broken tails.

Philippine Competition Commission breaks condo-internet exclusivity deal in first abuse of dominance

October 4, 2019 The Philippine Competition Commission (PCC) has imposed terms and conditions for Urban Deca Homes Manila Condominium Corporation and its parent company 8990 Holdings, Inc. to comply with the antitrust law, marking the closure of the first abuse of dominance case in the country.