Latest Corporate crime News

Japan investigators raid Dentsu in widening Olympic probe

Nov. 25, 2022 01:53 AM EST

TOKYO (AP) — Japanese prosecutors raided the headquarters of major advertising company Dentsu on Friday, as the investigation into corruption related to the Tokyo Olympics widened. Major local TV broadcasters showed Tokyo District Prosecutors and Japan Fair Trade Commission...

French prosecutors probe alleged illegal election financing

Nov. 24, 2022 13:16 PM EST

PARIS (AP) — French national financial prosecutors said Thursday they have opened an investigation into suspected illegal financing of electoral campaigns in 2017 and 2022. A leading French newspaper reported that the probe targets President Emmanuel Macron’s winning election bids. ...

Banker for Alex Murdaugh convicted of bank fraud charges

Nov. 23, 2022 11:11 AM EST

CHARLESTON, S.C. (AP) — A banker charged with helping disbarred attorney Alex Murdaugh take money from the legal settlements of clients was found guilty late Tuesday of wire and bank fraud charges in South Carolina. Former Palmetto State Bank CEO Russell Laffitte was allowed to...

Investigators: Firm that cleans meat plants employed minors

Nov. 22, 2022 15:38 PM EST

OMAHA, Neb. (AP) — A Wisconsin company that cleans hundreds of meatpacking plants nationwide is defending itself against allegations that it employed more than two dozen minors working overnight shifts cleaning massive saws, grinding machines and other dangerous processing equipment at three...

6 Apple Daily staff plead guilty to collusion in Hong Kong

Nov. 22, 2022 07:58 AM EST

HONG KONG (AP) — Six former executives of a now-defunct Hong Kong pro-democracy newspaper on Tuesday pleaded guilty to a collusion charge under the National Security Law that has silenced and jailed most opposition voices in the southern Chinese territory. The staff members of...

Auditors in Iraq uncover staggering $2.5 billion tax fraud

Nov. 22, 2022 01:53 AM EST

BAGHDAD (AP) — Auditors in Iraq have uncovered a massive scheme in which a network of businesses and officials embezzled some $2.5 billion from the country’s tax authority, despite layers of safeguards. The scandal poses an early test for Iraq’s new government, which was formed...

California man gets 17 1/2 years for cannabis pen fraud

Nov. 21, 2022 19:53 PM EST

LOS ANGELES (AP) — A Southern California man who once competed on the Philippines national decathlon team was sentenced Monday to 17 1/2 years in federal prison for bilking investors out of more than $35 million with a phony scheme to market cannabis vape pens. David Joseph...

Prosecution rests in Trump Organization tax fraud case

Nov. 21, 2022 17:26 PM EST

NEW YORK (AP) — Prosecutors in the Trump Organization's criminal tax fraud trial rested their case Monday earlier than expected, pinning hopes for convicting Donald Trump’s company largely on the word of two top executives who cut deals before testifying that they schemed to avoid taxes on...

Justice Department sues corn mill over multiple violations

Nov. 21, 2022 17:15 PM EST

MADISON, Wis. (AP) — Attorney General Josh Kaul filed a lawsuit Monday against a milling company for multiple violations at a plant that was the scene of a fatal explosion five years ago. Kaul filed the action against Didion Milling Inc. in Columbia County. The lawsuit alleges the...

Man gets jail for joining Capitol riot after Tinder date

Nov. 19, 2022 14:42 PM EST

A Delaware business owner has been sentenced to 30 days of incarceration for storming the U.S. Capitol after seeing the riot erupt on a Tinder date's television and taking an Uber ride to join the mob's attack, court records show. U.S. District Judge Thomas Hogan also on Friday...