Latest Corporate crime News

This April 28, 2020 file photo shows the Pilgrim's Pride plant in Cold Spring. Minn. A federal grand jury has charged four current and former chicken company executives with price-fixing. The U.S. Department of Justice says the executives from Colorado-based Pilgrim’s Pride and Georgia-based Claxton Poulrty conspired to fix prices and rig bids for broiler chickens from at least 2012 to 2017.(Dave Schwarz/St. Cloud Times via AP)

Pilgrim’s Pride CEO among indicted for chicken price fixing

Jun. 3, 2020 6:40 PM EDT

WHEAT RIDGE, Colo. (AP) — The CEO of Pilgrim's Pride is one of four current and former chicken company executives indicted Wednesday on charges of price-fixing. The U.S. Department of Justice said a federal grand jury in Colorado found that executives from Greeley, Colorado-based Pilgrim’s Pride and...

FILE - In this March 10, 2009, file photo, former financier Bernie Madoff exits federal court in Manhattan, in New York. The Supreme Court is leaving in place a lower court ruling that allows the trustee recovering money for investors in the Bernard Madoff Ponzi scheme to pursue more than $4 billion that went to overseas investors. The high court on Monday, June 1, 2020, declined to take the case. (AP Photo/David Karp, File)

Supreme Court declines to take Bernard Madoff trustee case

Jun. 1, 2020 10:18 AM EDT

WASHINGTON (AP) — The Supreme Court is leaving in place a ruling that allows the trustee recovering money for investors in the Bernard Madoff Ponzi scheme to pursue more than $4 billion that went to overseas investors. The high court on Monday declined to get involved in the case. As is usual, the justices...

Arizona sues Google over 'deceptive' location tracking

May. 27, 2020 9:33 PM EDT

PHOENIX (AP) — Google kept tabs on the whereabouts of its users even if they had turned off location tracking, an Arizona official alleged in a lawsuit filed Wednesday. The suit filed by Attorney General Mark Brnovich stemmed from an investigation that began after The Associated Press reported on Google's...

Meng Wanzhou, chief financial officer of Huawei, leaves her home to go to B.C. Supreme Court in Vancouver, Thursday, January, 23, 2020. Wanzhou is in court for hearings over an American request to extradite the executive of the Chinese telecom giant Huawei on fraud charges. (Jonathan Hayward/The Canadian Press via AP)

Canada judge rules Huawei CFO's extradition case can proceed

May. 27, 2020 5:20 PM EDT

VANCOUVER, British Columbia (AP) — A Canadian judge ruled Wednesday the U.S. extradition case against a senior Huawei executive can proceed to the next stage, a decision that is expected to further harm relations between China and Canada. The Chinese embassy in Ottawa later warned Canada to drop the case...

FILE - In this May 21, 2020, file photo, a man rides a bicycle in front of the government house during a government-ordered lockdown to curb the spread of COVID-19 in Buenos Aires, Argentina. Even amid a global pandemic, there’s no sign that corruption is slowing down in Latin America. From Argentina to Panama, a number of officials have been forced to resign as reports of possibly fraudulent purchases of ventilators, masks and medical supplies proliferate. (AP Photo/Natacha Pisarenko, File)

Spread of coronavirus fuels corruption in Latin America

May. 27, 2020 10:23 AM EDT

MIAMI (AP) — Even in a pandemic, there's no slowdown for swindlers in Latin America. From Argentina to Panama, a number of officials have been forced to resign as reports of fraudulent purchases of ventilators, masks and other medical supplies pile up. The thefts are driven by price-gouging from...

FILE - In this March 4, 2020 file  photo, opposition leader Juan Guaido listens during a legislative session being held at a religious, private school in Caracas, Venezuela, an alternative location due to the government continuously blocking their access to National Assembly chambers. Guaidó said Monday, May 11, 2020 that two U.S.-based political advisers have resigned following a failed incursion into Venezuela aimed at capturing President Nicolás Maduro. (AP Photo/Ariana Cubillos, File)

Citgo sues Miami firm over millions lost in Venezuela fraud

May. 26, 2020 8:16 PM EDT

MIAMI (AP) — When the U.S. recognized Venezuelan opposition leader Juan Guaidó as the nation's rightful leader last year it did more than just trigger a bitter feud with socialist leader Nicolás Maduro. Increasingly, it's also unleashing a torrent of lawsuits. The latest came Tuesday, when the...

In this photo released by Xinhua News Agency, visitors tour the Chinese internet security firm Qihoo 360 showcasing it 5G digital security and protection system at the World 5G Convention in Beijing on Nov. 21, 2019. One of China's biggest tech companies has criticized the Trump administration for

China demands US withdraw sanctions on tech suppliers

May. 25, 2020 6:26 AM EDT

BEIJING (AP) — China demand Monday that Washington withdraw export sanctions imposed on Chinese companies in the latest round of a worsening conflict over technology, security and human rights. The foreign ministry accused the Trump administration of interfering in China's affairs by adding eight companies...

Trudeau: China doesn't understand Canadian judicial system

May. 21, 2020 6:55 PM EDT

TORONTO (AP) — Canadian Prime Minister Justin Trudeau said Thursday that China doesn’t get that Canada has an independent judicial system and reiterated his charge that Beijing imprisoned two Canadians in retaliation for the arrest of a top Huawei executive. Trudeau said Canada will continue to...

FILE - In this Friday, April 13, 2018, file photo, Herbert Diess, right, CEO of the Volkswagen, and Hans Dieter Poetsch, left, chairman of the board of directors of Volkswagen address the media during a press conference in Wolfsburg, Germany. Volkswagen said charges of securities-law violations against its CEO and board chairman are to be dropped in return for a 9 million-euro ($10 million) payment, removing a potential distraction for the company's management team as it copes with the virus crisis and oversees the rollout of a new generation of electric cars. (AP Photo/Michael Sohn, File)

Securities case ended against Volkswagen CEO, board chairman

May. 20, 2020 12:39 PM EDT

FRANKFURT, Germany (AP) — Volkswagen said charges of securities-law violations against its CEO and board chairman are to be dropped in return for a 9 million-euro ($10 million) payment, removing a potential distraction for the company's management team as it copes with the virus crisis and oversees the...

FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Musk is threatening to pull the company’s factory and headquarters out of California in an escalating spat with local officials over reopening an electric vehicle plant. On Twitter Saturday afternoon, May 9, 2020. Musk also threatened to sue over Health Department coronavirus restrictions that have stopped Tesla from restarting production at its factory in Fremont south of San Francisco. (AP Photo/Susan Walsh, File)

Tesla shareholder suit over Elon Musk tweets remains on hold

May. 19, 2020 5:58 PM EDT

DOVER, Del. (AP) — A Delaware judge has denied a request by attorneys for Tesla shareholders to pursue a lawsuit seeking to prevent CEO Elon Musk from using his personal Twitter account to disseminate information regarding the electric vehicle and solar panel manufacturer. Vice Chancellor Joseph Slights...