Crime : Page 98

Circle K Denmark to pay $910,380 for not notifying merger

July 1, 2019 Circle K Denmark has entered into a settlement and accepted to pay a fine of $910,380 for not notifying a merger to the Danish Competition and Consumer Authority.

Italy fines Facebook one million euros over Cambridge Analytica case

July 1, 2019 Italy\'s privacy regulator said that it was fining Facebook one million euros for offenses related to the Cambridge Analytica case.

Former Abraaj executive pleads guilty to US fraud charges

June 29, 2019 A former executive of collapsed Dubai private equity firm Abraaj Capital Ltd on Friday pleaded guilty to U.S. fraud and conspiracy charges, admitting that he lied to investors about the firm’s financial health and track record.

Rosneft subsidiaries’ ex-receiver to stay jailed till October in embezzlement case

June 29, 2019 The Moscow City Court on Thursday delivered a ruling extending detention of the former bankruptcy commissioner of several Russia’s Rosneft subsidiaries Oleg Smetanin charged with embezzling more than 300 million rubles ($4.5 million) until October 3, RAPSI reported from the courtroom.

Encompass Health to pay $48 million to resolve False Claims Act allegations

June 28, 2019 Encompass Health Corporation (formerly known as HealthSouth Corporation), the nation’s largest operator of inpatient rehabilitation facilities (IRFs), has agreed to pay $48 million.

Commission fines Canon €28 million after acquisition of Toshiba Medical Systems Corporation

June 27, 2019 The European Commission has fined Canon, the Japan-based imaging and optical products manufacturer, €28 million for implementing its acquisition of Toshiba Medical Systems Corporation (TMSC) before notification to and approval by the Commission, in breach of EU Merger control rules.

EPA reaches agreement with Dow Silicones Corporation to resolve environmental violations

June 26, 2019 The Department of Justice and the U.S. Environmental Protection Agency (EPA) announced a settlement with Dow Silicones Corporation (DSC).

Merrill Lynch Commodities to pay $25 million in connection with deceptive trading practices

June 26, 2019 Merrill Lynch Commodities has agreed to pay $25 million to resolve the government’s investigation into a multi-year scheme by MLCI precious metals traders to mislead the market for precious metals futures contracts traded on the Commodity Exchange Inc. (COMEX), announced Assistant Attorney General Brian A. Benczkowski of the Justice Department’s Criminal Division and Assistant Director in Charge William F. Sweeney Jr. of the FBI’s New York Field Office.

TechnipFMC and U.S. subsidiary to pay over $296 million to resolve foreign bribery case

June 26, 2019 TechnipFMC and its wholly-owned U.S. subsidiary, Technip USA have agreed to pay a combined total criminal fine of more than $296 million to resolve foreign bribery charges with authorities in the United States and Brazil.

Court in Brazil cuts fine for Facebook from $528 million to $5.9 million

June 26, 2019 Facebook Inc’s fine for withholding WhatsApp messages from a drug-trafficking investigation in Brazil should be reduced to 23 million reais ($5.9 million), a Brazilian federal appeals court ruled on Tuesday.

Ofwat announces £126 million penalty for Southern Water

June 26, 2019 Ofwat has announced that Southern Water has agreed to pay a £126 million penalty following serious failures in the operation of its sewage treatment sites and for deliberately misreporting its performance.

UK regulator fines EE for sending text messages without consent

June 24, 2019 The UK Information Commissioner\'s Office said it has fined telecoms company EE Ltd, a part of FTSE 100-listed BT Group PLC, for sending over 2.5 million direct marketing messages to its customers without consent.