Latest Corporate crime News

AP sources: Prosecutors preparing charges against Cohen

Aug. 20, 2018 2:13 PM EDT

NEW YORK (AP) — Michael Cohen, President Donald Trump's former personal lawyer, could be charged before the end of the month with bank fraud in his dealings with the taxi industry and with committing other financial crimes, two people familiar with the federal probe said Monday. The people confirmed...

Russian space executive, 2 others charged with fraud

Aug. 19, 2018 7:42 AM EDT

MOSCOW (AP) — Russia's top investigative agency says it has detained a deputy head of the nation's top space corporation on fraud charges. The Investigative Committee said Sunday's that Alexei Beloborodov, a deputy director general of the state-controlled RKK Energiya company, has been detained along with...

Kansas independent candidate wants to lure votes from Kobach

Aug. 17, 2018 6:11 PM EDT

WICHITA, Kan. (AP) — Kansas election officials certified independent Greg Orman as a candidate for Kansas governor on Friday, and the businessman immediately tried to appeal to disaffected Republicans, who he said view GOP hopeful Kris Kobach as "incompetent and corrupt." Orman's entry into the race...

The Latest: Kobach campaign denies he is 'extreme'

Aug. 17, 2018 5:58 PM EDT

WICHITA, Kan. (AP) — The Latest on the certification of Greg Orman as an independent candidate in the November ballot for governor (all times local): 4:50 p.m. The gubernatorial campaign of Kris Kobach is hitting back on assertions by Independent candidate Greg Orman that many Kansas Republicans view their...

Plant owner agrees to plead guilty after immigration raid

Aug. 17, 2018 1:37 PM EDT

BEAN STATION, Tenn. (AP) — The owner of a Tennessee meatpacking plant where a federal immigration raid took more than 90 people into custody has agreed to plead guilty to employing unauthorized immigrants. News outlets report James Brantley also agreed to plead guilty to tax evasion and wire fraud this...

Manafort jury ends first day of deliberations with questions

Aug. 16, 2018 5:53 PM EDT

ALEXANDRIA, Va. (AP) — The jury in the fraud trial of former Trump campaign chairman Paul Manafort ended its first day of deliberations with a series of questions to the judge, including a request to "redefine" reasonable doubt. The questions came after roughly seven hours of deliberation, delivered in a...

Nuke talks uncertain, US hits shippers with NKorea sanctions

Aug. 15, 2018 2:30 PM EDT

WASHINGTON (AP) — With little apparent progress in denuclearization talks with North Korea, the Trump administration on Wednesday stepped up pressure on the isolated nation by punishing three foreign companies accused of helping the North evade international sanctions. The Treasury Department imposed...

Manafort chooses not to testify as defense rests its case

Aug. 14, 2018 5:34 PM EDT

ALEXANDRIA, Va. (AP) — Paul Manafort's defense rested its case Tuesday without calling any witnesses in the former Trump campaign chairman's tax evasion and bank fraud trial. Manafort himself chose not to testify. The decision not to call witnesses clears the way for the jury to hear closing arguments in...

Prosecution rests in Manafort tax evasion and fraud trial

Aug. 13, 2018 10:28 PM EDT

ALEXANDRIA, Va. (AP) — Prosecutors on Monday rested their tax evasion and bank fraud case in the trial of former Trump campaign chairman Paul Manafort, closing two weeks of testimony that depicted him as using millions of dollars hidden in offshore accounts to fund a luxurious lifestyle — and later...

Collins' exit prompts GOP scramble, ballot questions

Aug. 13, 2018 5:57 PM EDT

ALBANY, N.Y. (AP) — Republicans may have to nominate U.S. Rep. Chris Collins for another political office in order to strip his name from the November ballot after the three-term conservative lawmaker dropped his re-election bid following insider trading charges. The odd move may be necessitated by New...