Latest Corporate crime News

Arizona voters guarantee the right to abortion in the state constitution

Nov. 06, 2024 04:03 AM EST

PHOENIX (AP) — Arizona voters have approved a constitutional amendment guaranteeing abortion access up to fetal viability, typically after 21 weeks — a major win for advocates of the measure in the presidential battleground state who have been seeking to expand access beyond the current 15-week...

French and Dutch investigators raid Netflix offices in probe of suspected financial wrongdoing

Nov. 05, 2024 16:40 PM EST

PARIS (AP) — Prosecutors and police investigators who specialize in fighting fraud and corruption raided Netflix offices in France and the Netherlands on Tuesday, in a probe of suspected financial wrongdoing, judicial officials said. French and Dutch authorities have been working...

New Jersey man pleads guilty in smuggling scheme intended to aid Russia's war effort

Nov. 01, 2024 16:52 PM EDT

NEW YORK (AP) — A New Jersey man who was among seven people charged with smuggling electronic components to aid Russia’s war effort pleaded guilty Friday to conspiracy to commit bank fraud and other charges, authorities said. Vadim Yermolenko, 43, faces up to 30 years in prison...

Lebanon's detained former central bank governor faces new corruption charge

Oct. 31, 2024 20:33 PM EDT

BEIRUT (AP) — Lebanon charged the country’s former central bank governor with illicit enrichment and issued an arrest warrant against the detained banker, the second in less than two months, judicial officials said Thursday. Riad Salameh, 74, was charged by the first examining...

Court in Slovakia upholds tax fraud verdict against former President Kiska

Oct. 31, 2024 11:21 AM EDT

BRATISLAVA, Slovakia (AP) — An appeals court in Slovakia on Thursday upheld a lower court ruling that found former President Andrej Kiska guilty of tax fraud and gave him a suspended sentence. At the same time, the regional court in the eastern city of Presov lowered the original...

Malaysian court orders Najib to enter defense in his 2nd graft trial linked to 1MDB scandal

Oct. 30, 2024 00:48 AM EDT

KUALA LUMPUR, Malaysia (AP) — Malaysia's High Court on Wednesday ordered imprisoned former Prime Minister Najib Razak to enter a defense in his second corruption trial over the multibillion-dollar looting of the 1MDB state investment fund. Najib set up the 1Malaysia Development...

Jailed former Malaysian leader apologizes for fund embezzlement scandal, reiterates his innocence

Oct. 24, 2024 20:39 PM EDT

KUALA LUMPUR, Malaysia (AP) — Imprisoned former Malaysian Prime Minister Najib Razak issued a rare apology Thursday over the looting of a state investment fund worth billions of dollars "under my watch" while reiterating his innocence. Najib set up the 1Malaysia Development Berhad...

Nigeria releases American crypto executive after dropping money laundering case

Oct. 24, 2024 15:04 PM EDT

WASHINGTON (AP) — An American cryptocurrency executive held in Nigeria for the past eight months has been released after authorities there announced they were ending his money laundering trial on health and diplomatic grounds. Tigran Gambaryan, Binance’s head of financial crime...

A Venezuelan media tycoon is charged in a bribery conspiracy in Florida

Oct. 23, 2024 20:08 PM EDT

MIAMI (AP) — A Venezuelan media tycoon was charged Wednesday in federal court in Florida for what authorities say was his money laundering role in a conspiracy to siphon more than $1 billion from the oil company owned by the South American country’s government. A federal grand...

A court says former Albanian president Meta must stay in custody during corruption investigation

Oct. 23, 2024 13:01 PM EDT

TIRANA, Albania (AP) — An Albanian court on Wednesday ruled that former President Ilir Meta should stay in custody while the left-wing Freedom Party leader faces allegations of corruption, money laundering and the hiding of personal income and property. Prosecutors have not yet...