German pharmaceutical and chemicals group Bayer AG said on Tuesday that its subsidiary Monsanto Co has submitted a proposed U.S. class settlement that could total…
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…
Hollywood director Michael Bay sues Cadillac F1 over Super Bowl advert
Hollywood director Michael Bay has filed a lawsuit against Cadillac Formula One, accusing the team of breach of contract and fraud over a Super Bowl…
Brazil flags loopholes allowing suspects to hide assets via pooled and escrow accounts
Brazil’s Finance Ministry has urged the country’s central bank to tighten regulations that it says allow criminal suspects and tax evaders to hide assets through…
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…
German police search Deutsche Bank offices in money laundering probe
German federal police carried out searches at offices of Deutsche Bank in Frankfurt and Berlin on Wednesday as part of an investigation linked to suspected…
Guyana opposition chooses leader facing US fraud and money laundering charges
Guyana’s opposition lawmakers have elected businessman Azruddin Mohamed as their new leader, a move that has drawn sharp attention because he is simultaneously fighting extradition…
Wall Street banks weigh response to Trump’s proposed cap on credit card interest rates
U.S. banks are confronting a new political and commercial dilemma after President Donald Trump called for a temporary cap on credit card interest rates, a…