Latest Corporate bribery News

Ericsson will pay over $1 billion to resolve fraud case

Dec. 6, 2019 7:51 PM EST

NEW YORK (AP) — Sweden-based telecommunications company Ericsson will pay over $1 billion as part of a deal to resolve bribery conspiracy charges, prosecutors in New York said Friday. Prosecutors said Ericsson and the company's subsidiary Ericsson Egypt Limited were charged with conspiring to bribe...

Senator under investigation for possible bribery resigns

Nov. 27, 2019 6:44 PM EST

SPRINGFIELD, Ill. (AP) — An Illinois state senator under federal investigation for fraud has resigned his office. In a letter sent Wednesday to the secretary of the senate, Chicago Democrat Martin A. Sandoval said his resignation is effective Jan. 1. FBI agents raided Sandoval’s Springfield and...

Samsung Heavy Industries to pay criminal fine in bribe case

Nov. 22, 2019 5:22 PM EST

ALEXANDRIA, Va. (AP) — A major South Korean shipbuilder has agreed to pay a $75 million criminal fine to avoid prosecution in the U.S. for a conspiracy to bribe officials in Brazil. Samsung Heavy Industries entered a deferred prosecution agreement Friday with federal prosecutors in Alexandria. At a...

UAW president steps down as GM sues rival over union bribery

Nov. 20, 2019 8:57 PM EST

DETROIT (AP) — United Auto Workers President Gary Jones abruptly resigned Wednesday, capping a tumultuous day that saw union leaders move to oust him, and General Motors accusing rival Fiat Chrysler in a lawsuit of bribing union officials to get more favorable contract terms from the UAW. Jones has...

US authorities arrest Brazilian ex-CEO in bribery case

Nov. 20, 2019 6:32 PM EST

NEW YORK (AP) — The former CEO of Brazilian petrochemical company Braskem SA was arrested on U.S. corruption charges involving a slush fund used to bribe officials in Brazil, federal prosecutors said Wednesday. Jose Carlos Grubisich, who was taken into custody at Kennedy Airport, pleaded not guilty in...

The Latest: UAW President Gary Jones steps down

Nov. 20, 2019 5:18 PM EST

DETROIT (AP) — The Latest on General Motors’ lawsuit against Fiat Chrysler (all times local): 5:10 p.m. United Auto Workers President Gary Jones has resigned, effective immediately, his attorney says. The move comes shortly after the union’s international executive board filed paperwork to...

General Motors sues Fiat Chrysler, alleging crosstown rival got an unfair business advantage by bribing UAW officials

Nov. 20, 2019 12:11 PM EST
DETROIT (AP) — General Motors sues Fiat Chrysler, alleging crosstown rival got an unfair business advantage by bribing UAW officials.

Indiana mayor indicted over alleged bribe for contract

Nov. 18, 2019 5:23 PM EST

MUNCIE, Ind. (AP) — A central Indiana mayor was arrested Monday after being indicted for allegedly taking a $5,000 bribe in exchange for a public contract. The theft of government funds charge unsealed Monday alleges Muncie Mayor Dennis Tyler accepted the bribe from an unidentified company in exchange for...

The Latest: Central Indiana mayor indicted over bribe

Nov. 18, 2019 4:30 PM EST

MUNCIE, Ind. (AP) — The Latest on the arrest of a central Indiana mayor by FBI agents (all times local): 4:10 p.m. A central Indiana mayor has been indicted on a federal charge of theft of government funds for allegedly taking a $5,000 bribe in exchange for a public contract. An indictment unsealed Monday...

Marketing CEO gets 3 weeks for cheating on son's ACT exam

Oct. 23, 2019 5:48 PM EDT

BOSTON (AP) — A California marketing executive and author was sentenced Wednesday to three weeks in prison for paying $50,000 to cheat on her son's college entrance exam. Jane Buckingham, 51, was sentenced in Boston's federal court after pleading guilty in May to a single count of fraud and conspiracy. She...