Latest Corporate crime News
The New Jersey developer convicted with Bob Menendez pleads guilty to bank fraud
NEWARK, N.J. (AP) — A New Jersey real estate developer convicted alongside Democratic Sen. Bob Menendez this summer pleaded guilty to a separate bank fraud charge, prosecutors said Thursday. Fred Daibes, 67, entered the plea in U.S. District Court in Newark, the U.S. Attorney's...
US widens indictment of Russians in 'WhisperGate' conspiracy to destroy Ukrainian and NATO systems
BALTIMORE (AP) — The U.S. Justice Department has widened its indictment of Russians in the so-called WhisperGate malware attacks aimed at destroying computer systems in Ukraine and 26 NATO allies including the United States. A superseding indictment announced Thursday names five...
Former Lebanese central bank governor charged with embezzling $42m in ongoing corruption probe
BEIRUT (AP) — Lebanon charged its embattled former central bank governor Wednesday with the embezzlement of $42 million, three judicial officials told The Associated Press. Riad Salameh, 73, was charged by the Financial Public Prosecution a day after he was detained following an...
Former aide to 2 New York governors is charged with being an agent of the Chinese government
A former aide to two New York governors was charged Tuesday with acting as an illegal agent of the Chinese government who used her state positions to subtly advance Beijing’s agenda in exchange for financial benefits worth millions of dollars. Linda Sun, who held numerous posts in...
Ex-official in Mississippi is treated for gambling addiction amid embezzlement charge, lawyer says
JACKSON, Miss. (AP) — A former tax assessor and collector in north Mississippi checked into a residential treatment center for a gambling addiction after he called the state auditor's office and confessed to misusing more than $300,000 in public money, his attorney said Tuesday. ...
Prosecutors drop fraud case against Maryland attorney
Federal prosecutors have dropped their criminal case against a Maryland attorney whom they accused of engaging in a scheme to fraudulently access more than $12.5 million in Somali government assets from financial institutions. U.S. District Judge Paula Xinis on Friday granted...
Fake engineer: A top South African railway official is sentenced to prison for forged qualifications
CAPE TOWN, South Africa (AP) — A former top official at South Africa's state-owned passenger railway company received a 15-year concurrent prison sentence on Tuesday for faking his engineering qualifications and other cases of fraud. Daniel Mtimkulu, 49, resigned as the head of...
Lebanon's former central bank governor detained in corruption probe
BEIRUT (AP) — Lebanon's controversial former central bank governor was detained Tuesday after being questioned in several corruption cases, according to three judicial officials. Salameh served a 30-year term as central bank governor beginning in 1993. Though he was...
Hewlett Packard won't drop its UK claim against tech mogul Mike Lynch, who died when his yacht sank
LONDON (AP) — Hewlett Packard Enterprise said Monday it won't drop its U.K. claim for damages against the estate of British tech mogul Mike Lynch, who was killed when his superyacht sank last month. Britain's High Court in 2022 ruled mostly in favor of the U.S. technology company,...
NY man pleads guilty in pandemic loan fraud
BUFFALO, N.Y. (AP) — A politically active western New York businessman has admitted to a multimillion-dollar pandemic loan fraud that, prosecutors have said, went partly to his campaign coffers for an unsuccessful bid for county office. Court records show Hormoz Mansouri, who...
