Latest Corporate crime News

Owner of Texas 3D gun company resigns after arrest

Sep. 25, 2018 4:13 PM EDT

AUSTIN, Texas (AP) — An activist who garnered national attention for running a Texas company that sells blueprints for making untraceable 3D-printed guns has resigned from the firm he founded after being arrested on charges of having sex with an underage girl. Cody Wilson tendered his resignation Friday...

Indicted congressman makes court appearance before midterms

Sep. 24, 2018 5:50 PM EDT

SAN DIEGO (AP) — The Democratic opponent of California's Republican Rep. Duncan Hunter released a new TV ad Monday aimed at conservative voters in a deeply red district as the indicted congressman made his last court appearance before midterm elections. The narrator of the 30-second spot by Ammar...

Ex-OpenTable worker charged in bogus reservations scheme

Sep. 23, 2018 1:33 PM EDT

CHICAGO (AP) — A former OpenTable employee has been charged with wire fraud for allegedly making hundreds of bogus reservations at Chicago restaurants to undermine a rival booking service. The Chicago Sun-Times reports that prosecutors allege in charging documents that 30-year-old Steven Addison booked...

Taiwan police arrest US 3D gun man accused of sex with minor

Sep. 21, 2018 1:30 PM EDT

TAIPEI, Taiwan (AP) — Authorities in Taiwan arrested the owner of a Texas company that sells plans to make untraceable 3-D printed guns who is wanted in the U.S. over an accusation that he had sex with an underage girl and paid her $500 afterward, official media reported. The Central News Agency said...

Egypt court orders release of former president's sons

Sep. 20, 2018 1:10 PM EDT

CAIRO (AP) — An Egyptian court on Thursday ordered the release from detention of former president Hosni Mubarak's two sons, overturning a ruling by another court whose judge surprisingly told police to arrest them and send them to prison. The judge in the Sept. 15 hearing ordered the detention of wealthy...

Analyst who fed NFL player tips pleads guilty to fraud

Sep. 20, 2018 12:48 PM EDT

PHILADELPHIA (AP) — The former investment bank analyst who fed confidential stock tips to NFL player Mychal Kendricks has pleaded guilty to securities fraud. Damilare Sonoiki, who also wrote for the television show "Black-ish" for a season, pleaded guilty in federal court Wednesday. Prosecutors allege...

EU getting 'impatient' with Facebook over consumer data use

Sep. 20, 2018 9:00 AM EDT

BRUSSELS (AP) — The European Union's consumer protection chief said Thursday she's growing impatient with Facebook's efforts to improve transparency with users about their data, warning it could face sanctions for not complying. EU Consumer Commissioner Vera Jourova turned up the pressure on the social...

Prosecutors: 3 charged in $364 million Ponzi scheme

Sep. 19, 2018 5:31 PM EDT

BALTIMORE (AP) — Three men are facing a slew of charges in a $364 million investment scheme that entrapped more than 400 victims nationwide, federal prosecutors in Baltimore announced Wednesday. U.S. Attorney Robert Hur announced at a news conference in downtown Baltimore that 53-year-old Kevin Merrill of...

Indicted US Rep. Collins: I'm running, will serve if elected

Sep. 19, 2018 4:44 PM EDT

BUFFALO, N.Y. (AP) — Indicted U.S. Rep. Chris Collins said Wednesday he'll campaign for his western New York seat, vowing to serve if voters re-elect him in November. The Republican's announcement on Twitter came two days after he said he would remain on the ballot despite previously suspending his...

No way out? US, China tariffs may become the 'new normal'

Sep. 19, 2018 4:21 PM EDT

WASHINGTON (AP) — The path to peace in a trade war between the United States and China is getting harder to find as the world's two biggest economies pile ever more taxes on each other's products. The United States is scheduled to slap tariffs on $200 billion in Chinese imports Monday, adding to the more...