Latest Corporate crime News
Federal grand jury charges short seller Andrew Left in $16M stock manipulation scheme
A federal grand jury in California has charged short seller Andrew Left with multiple counts of securities fraud for a $16 million stock market manipulation scheme. The Department of Justice said in a statement on Friday that Left, who was a securities analyst, trader, and guest...
Secret DEA files show agents joked about rape in a WhatsApp chat. Then one of them was accused of it
MIAMI (AP) — In a WhatsApp chat that quickly devolved into depravity, a group of U.S. Drug Enforcement Administration agents boasted about their “world debauchery tour” of “boozing and whoring” on the government’s dime. They swapped lurid images of their latest sexual conquests. And at...
China issues rare praise to Philippine president for his ban on Chinese online gambling operators
MANILA, Philippines (AP) — China issued a rare compliment to the administration of Philippine President Ferdinand Marcos Jr. Thursday for his order banning widespread and Chinese-run online gaming operations. Marcos accused some of venturing into crimes including financial scams, human...
Takeaways from AP's investigation into DEA corruption, agent accused of rape
MIAMI (AP) — Thousands of secret law enforcement documents obtained by The Associated Press offer a never-before-seen window into a culture of corruption among U.S. Drug Enforcement Administration agents who parlayed the agency's shadowy money laundering operations into a worldwide pursuit of...
Biotech company's CEO pleads guilty in Mississippi welfare fraud case
JACKSON, Miss. (AP) — The chief executive officer of a biotech company with ties to the largest public corruption case in Mississippi history pleaded guilty Wednesday to one count of wire fraud for improperly using welfare funds intended to develop a concussion drug. Jacob...
Philippine president orders shutdown of Chinese-run online gambling industry employing thousands
MANILA, Philippines (AP) — Philippine President Ferdinand Marcos Jr. on Monday ordered an immediate ban on widespread and mostly Chinese-run online gaming operations, accusing them of venturing into crimes, including financial scams, human trafficking, torture, kidnappings and murder. ...
Today in History: July 21, verdict reached in Scopes "Monkey Trial"
Today in History Today is Sunday, July 21, the 203rd day of 2024. There are 163 days left in the year. Today’s Highlight in History: On July 21, 1925, the so-called “Monkey Trial” ended in Dayton, Tennessee, with John T. Scopes found guilty of...
Interpol arrests 300 people in a global crackdown on West African crime groups across 5 continents
DAKAR, Senegal (AP) — In a global operation targeting West African organized crime groups across five continents, police arrested 300 people, seized $3 million and blocked 720 bank accounts, Interpol said Tuesday. Operation Jackal III, which ran from 10 April to 3 July in 21...
Former Chicago hospitals executives charged in $15M embezzlement scheme
CHICAGO (AP) — Federal authorities have charged a former Loretto Hospital executive in a scheme to embezzle $15 million from the health care facility. In an indictment filed late last week, Anosh Ahmed was charged with eight counts of wire fraud, four counts of embezzlement, 11...
Germany says it saw fewer security problems than expected during Euro 2024
BERLIN (AP) — German authorities had fewer security problems and crimes to deal with than they expected at the European Championship, the country's top security official said Monday. The tournament ended on Sunday with Spain beating England 2-1 in the final in Berlin and no reports...
