A group of Tesla shareholders suing CEO Elon Musk over some 2018 tweets about taking the company private is asking a federal judge to order…
European AML Regulations Draw Ire of Crypto Sector
The crypto sector has written to European Union finance ministers and lawmakers to urge a rethinking of anti-money laundering rules the industry regards as “burdensome”…
Brazilian Reinsurance Company Boss Charged with Planting False Media Story about Berkshire Hathaway
The Securities and Exchange Commission today announced charges against Fernando Passos, the former executive vice president of finance and investor relations of Brazilian reinsurance company…
Elon Musk’s Twitter Takeover Is Just Another SEC Violation
Elon Musk is no stranger to controversy. The Tesla and SpaceX CEO has repeatedly made headlines for everything from smoking weed on Joe Rogan’s podcast…
Corrupt Coca-Cola Former Exec Admits Taking Millions in Bribes to Rig Contracts
A former Coca-Cola Enterprises manager has admitted taking more than £1.5m in bribes in exchange for helping favoured companies win lucrative contracts. Noel Corry, 56,…
Houston Man Indicted by DOJ for Money Laundering Scheme
A federal grand jury has returned an eight-count indictment against a 29-year-old Houston man in relation to a money laundering scheme, announced U.S. Attorney Jennifer…
SEC Jumps Into Healthcare Kickbacks Lawsuit
The U.S. Department of Justice (DOJ) recently intervened in an action filed in Texas against two laboratory CEOs, one hospital CEO, and numerous other executives,…
Crypto Money Laundering on the Rise
By now, you’ve likely heard of bitcoin and other so-called cryptocurrencies. These assets have become hot investment vehicles in recent years, especially amid worries of…
Putin’s Nemisis Bill Browder Urges a Stronger Crackdown on Russian Money Laundering
Bill Browder was headed for breakfast at his Madrid hotel when two men with shirts reading “Policia Nacional” suddenly approached him and took him into…
Société Générale Exits Russia, Selling Operations at $3b Loss
French banking giant Société Générale SA said it would exit Russia, sell its operations to one of Russia’s richest people, and take a more than…