FedEx is taking a personal injury law firm to court, and the accusations are severe. The delivery giant filed a lawsuit on Tuesday in Manhattan…
SEC Enforcement Cases Drop Over 20% as Agency Says It’s Hitting Reset
The U.S. Securities and Exchange Commission brought far fewer enforcement actions in its latest fiscal year. The total fell more than 20%, landing at 456…
EU prosecutors seek to lift immunity of Greek lawmakers in farm subsidy fraud probe
European prosecutors have requested that Greece lift the parliamentary immunity of 11 sitting lawmakers to allow a deeper investigation into an alleged fraud scheme involving…
How a little-known banker entered Brazil’s political inner circle and sparked a national scandal
For years, Daniel Vorcaro was known primarily in financial circles as the head of Banco Master, a bank whose rapid growth puzzled analysts across Brazil’s…
CFTC names former prosecutor and crypto defense lawyer as enforcement chief
The U.S. Commodity Futures Trading Commission (CFTC) has appointed former federal prosecutor David Miller as its new head of enforcement, a move that comes as…
Texas sues Sanofi, alleging improper inducements to boost prescriptions
Texas Attorney General Ken Paxton has filed a lawsuit against French drugmaker Sanofi, accusing the company of offering improper incentives to healthcare providers to encourage…
Belgian police raid EU offices and wealth fund in probe over property sale
Belgian police have carried out searches at offices linked to the European Commission and Belgium’s sovereign wealth fund as part of a criminal investigation into…
China launches new crackdown on medical insurance fraud in mental health sector
Chinese authorities have launched a new nationwide crackdown on medical insurance fraud at mental health institutions, following media reports that some hospitals were offering free…
Cambodian scam compound yields trove of fraud evidence, Thai military says
The Thai military said on Monday it had recovered extensive evidence of transnational fraud from a sprawling scam compound in Cambodia, seized during border clashes…
First Brands founder Patrick James and brother indicted in New York over alleged multibillion-dollar fraud
First Brands founder Patrick James and his brother Edward were indicted in New York on Thursday, accused of orchestrating a sweeping fraud that prosecutors say…