US authorities announced on Wednesday that they had charged eight people in a securities fraud scheme, alleging that they made $114 million by manipulating stocks…
A French watchdog compels Amazon to pay fines totaling $3.5 million
The U.S. online retailer Amazon.com (AMZN.O) has been fined 3.3 million euros ($3.5 million) by a French watchdog for failing to amend clauses in contracts…
Founder of Iconix found guilty of securities fraud at second trial
A little over a year after a different jury was unable to reach a verdict in his initial trial, a Manhattan jury on Monday found…
Brazil’s Neymar faces fraud and corruption charges
Brazil’s Neymar to stand trial in a corruption case over his transfer to FC Barcelona Brazil forward Neymar arrived at a Barcelona court on Monday…
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,…
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…
FBI arrests Tennessee state Rep. Glen Casada and former chief of staff over federal charges
Tennessee state Rep. Glen Casada and former chief of staff Cade Cothren face a 20-count indictment Following an indictment charging them in an alleged bribery…
Solicitor Timothy Schools jailed for £20m investment fraud
Timothy Schools used almost £20mn from the ‘no win no fee’ vehicle to support a luxury lifestyle Following a UK Serious Fraud Office investigation, a…
Weber Shandwick ex-COO pleads guilty to fraud
On Wednesday, a former Weber Shandwick chief operations officer pled guilty to fraud after being accused of stealing more than $16 million from the public…