Latest Corporate crime News

Bachelet denied campaign took money from Brazil OAS company

Sep. 17, 2019 6:48 PM EDT

SANTIAGO, Chile (AP) — U.N. human rights chief Michelle Bachelet is denying accusations by a former businessman ensnared in Latin America's biggest corruption scandal that her 2013 presidential campaign in Chile illegally took money from the Brazilian company OAS. Bachelet told Chile's 24 Horas TV channel...

Husband-wife researchers charged with stealing trade secrets

Sep. 16, 2019 5:27 PM EDT

COLUMBUS, Ohio (AP) — Federal authorities have announced trade secret theft charges against husband-and-wife researchers who worked for 10 years at an Ohio children's hospital research institute. A grand jury indictment handed down in July and unsealed Monday accuses the couple of stealing cellular...

Las Vegas tourist agency severs ties with embattled ex-chief

Sep. 16, 2019 1:32 PM EDT

LAS VEGAS (AP) — The government agency that promotes Las Vegas tourism has severed ties with its retired chief executive, who faces criminal allegations including theft of airline gift cards purchased with tax dollars. The Las Vegas Review-Journal reports the Las Vegas Convention and Visitors Authority...

Lawmakers ask 4 big tech companies for documents in probe

Sep. 13, 2019 5:41 PM EDT

WASHINGTON (AP) — Lawmakers investigating the market dominance of Big Tech on Friday asked Google, Facebook, Amazon and Apple for a broad range of documents, marking a step forward in Congress' bipartisan probe of the companies. Letters went out to the four companies from the leaders of the House Judiciary...

Manager pleads guilty in blast at California waste facility

Sep. 13, 2019 4:06 PM EDT

SANTA PAULA, Calif. (AP) — A former human resources manager at a California waste company has pleaded guilty in connection with an explosion and fire at the firm's facility five years ago. The Ventura County Star reports Marlene Faltemier entered guilty pleas Friday to multiple charges including...

North Carolina investment adviser gets 40 years in prison

Sep. 13, 2019 2:57 PM EDT

RALEIGH, N.C. (AP) — A North Carolina investment adviser accused of fraud and other offenses connected to a Ponzi scheme has been sentenced to 40 years in federal prison. WRAL-TV reports 46-year-old Stephen Condon Peters on Friday was also ordered to pay $15 million in restitution. U.S. District Judge...

Oilfield company denies assault of workers by toxic release

Sep. 12, 2019 7:31 PM EDT

ANCHORAGE, Alaska (AP) — A Texas-based oilfield service company denies that it assaulted an Alaska construction crew by exposing workers to toxic chemical releases. Houston-based Baker Hughes on Thursday issued a statement saying it will fight state assault charges from an incident that occurred at a...

Congressman appears in court for insider trading case

Sep. 12, 2019 4:16 PM EDT

NEW YORK (AP) — A U.S. congressman and early supporter of President Donald Trump said Thursday he doesn't know if he'll seek re-election next year as he emerged from a court hearing Thursday where it seemed increasingly likely that his inside trading trial might be delayed from February until next summer....

EU extends sanctions linked to interference in Ukraine

Sep. 12, 2019 8:44 AM EDT

BRUSSELS (AP) — The European Union is prolonging sanctions against scores of Russian and Crimean officials as well as companies and groups accused of undermining Ukraine's sovereignty and independence. EU headquarters said in a statement Wednesday that asset freezes and travel bans against 170 people and...

Facebook sanctions Netanyahu page over hate speech violation

Sep. 12, 2019 6:47 AM EDT

JERUSALEM (AP) — Facebook says it has sanctioned the page of Israeli Prime Minister Benjamin Netanyahu because of a violation of the company's hate speech policy. Facebook said on Thursday that the social network had suspended for 24 hours the page's bot, or automated chat function. The page had called on...