Venezuelan police apprehended a fugitive Malaysian businessman known as ‘Fat Leonard,’ who is at the center of a massive US Navy bribery investigation, as he…
Morgan Stanley will pay a $35 million fine to resolve SEC allegations that it mismanaged client data
The Securities and Exchange Commission announced Tuesday that a Morgan Stanley subsidiary has agreed to pay $35 million to settle claims that it consistently failed…
Gol Airlines will pay $41.5 million to settle bribery charges
Settlements stem from a decade-old scheme to pay $3.8 million in bribes to secure legislation with tax benefits for the São Paulo-based airline One of…
The SEC proposes that more Treasury trades be routed through clearinghouses
The measure comes amid broader concerns about the resilience of the $24 trillion Treasury market Regulators are working to reverse a decades-long shift away from…
VMware pays $8 million to settle SEC allegations claiming the company deceived investors
VMware agreed to pay the Securities and Exchange Commission (SEC) $8 million to settle allegations that it distorted its backlog reporting to conceal poor financial…
Trevor Milton, the founder of Nikola, is accused of defrauding investors in a fraud trial
Defense calls electric truck entrepreneur an innocent victim of ‘prosecution by distortion’ Prosecutors charged Trevor Milton, the founder of Nikola, with masterminding a plot to…
Steve Bannon is facing fraud charges in New York in connection with the We Build the Wall organization
Steve Bannon, a long-time ally of former US President Donald Trump, has been indicted on charges of money laundering, fraud, and conspiracy. Mr. Bannon, 68,…
AT&T’s request to dismiss SEC lawsuit over leaks to analysts dismissed by US judge
On Thursday, a U.S. judge denied AT&T Inc’s request to dismiss a Securities and Exchange Commission complaint accusing the phone company of selectively leaking financial…
SEC has filed a lawsuit against an insurance executive, claiming “massive” fraud
The lawsuit is the first government accusation of fraud against Greg Lindberg The SEC charged insurance magnate Greg Lindberg and a lieutenant with defrauding insurers…
Abu Dhabi fines Wise for anti-money laundering violations.
Payment fintech is under pressure as economic conditions worsen and chief probed in the UK App for making payments, Wise has been fined $360,000 by the…