Federal prosecutors in the United States have opened a case against Pras Michel, a member of the Fugees, for allegedly embarking on a brazen secret-influence…
US accuses Bankman-Fried of FTX of paying $40 million in bribes
Sam Bankman-Fried is the creator of the now-bankrupt FTX cryptocurrency exchange. According to a new indictment released by US prosecutors on Tuesday, he paid a…
Lindsay Lohan, Jake Paul, and Soulja Boy face charges in a crypto scheme
The Securities and Exchange Commission (SEC) has taken action against a group of high-profile celebrities for their alleged involvement in promoting cryptocurrencies without disclosing compensation.…
More than $8 million is seized from an ex-Petrobras employee by the UK’s SFO
A London court ruled on Friday that the Serious Fraud Office (SFO) of Britain may seize more than $8 million in illegal funds connected to…
In the case of Volkswagen’s emissions fraud, the SEC is requesting penalties
The U.S. Securities and Exchange Commission filed a motion for sanctions against Volkswagen AG on Friday, claiming that the German automaker disobeyed a court order…
Evoqua Water will pay $8.5 million to resolve charges of U.S. SEC accounting fraud
The U.S. Securities and Exchange Commission (SEC) has charged Evoqua Water Technologies Corp (AQUA.N) with using improper accounting to falsely inflate revenue in 2017 and…
US prosecutors are looking into the Silicon Valley Bank’s demise
According to a source familiar with the situation, U.S. prosecutors are looking into the sudden demise of Silicon Valley Bank as regulators try to contain…
Abraaj founder loses appeal against extradition to the US on fraud-related charges
The founder of the defunct private equity firm Abraaj group failed in his attempt to stop his extradition from London to the US to face…
In order to end a U.S. SEC investigation, Rio Tinto will pay $15 million
Rio Tinto (RIO.AX) announced on Tuesday that it had consented to pay a $15 million civil penalty to resolve an SEC investigation into an alleged…
US authorities accuse the CEO of Ontrak’s healthcare division of insider trading
Ontrak Inc. was accused of insider trading by U.S. authorities on Wednesday, making it the first criminal case to make use of a special trading…