Latest Corporate crime News

Vet pleads guilty to conspiracy connected to moving cattle

Jan. 18, 2019 4:22 AM EST

LEXINGTON, Ky. (AP) — Federal officials say a veterinarian faces five years in prison for helping a Kentucky company move cattle out of state without proper inspections. The Lexington Herald-Leader reports that 65-year-old John M. Moran of Flemingsburg pleaded guilty Thursday to a single count of...

Mitsubishi board considers new allegations against Ghosn

Jan. 18, 2019 2:11 AM EST

TOKYO (AP) — Mitsubishi Motors held a board meeting Friday to examine the latest allegations of unreported compensation against Carlos Ghosn, who led Nissan for two decades and forged the alliance between the Japanese automakers. The allegations center around a 7.8 million euro ($8.8 million) payment made...

Opioid crisis brings unwanted attention to wealthy family

Jan. 17, 2019 5:50 PM EST

BOSTON (AP) — The Sackler name is emblazoned on the walls at some of the world's great museums and universities, including the Smithsonian, the Guggenheim and Harvard. But now the family's ties to OxyContin and the painkiller's role in the deadly opioid crisis are bringing the Sacklers a new and unwanted...

Renewed worries over U.S.-China trade spat stalk markets

Jan. 17, 2019 8:06 AM EST

LONDON (AP) — Renewed worries over the U.S.-China trade spat weighed on global stock markets on Thursday. KEEPING SCORE: In Europe, Germany's DAX fell 0.5 percent at 10,880 and France's CAC 40 retreated 0.5 percent to 4,787. Britain's FTSE 100 declined 0.7 percent to 6,818. Wall Street was set to fall at...

Asian shares track Wall Street gains on robust US earnings

Jan. 16, 2019 11:39 PM EST

SINGAPORE (AP) — Asian shares were mostly higher Thursday after strong earnings reports lifted indexes on Wall Street. But a report that the U.S. was investigating China's Huawei for allegedly stealing trade secrets from American companies limited gains. KEEPING SCORE: Hong Kong's Hang Seng gained 0.4...

Report: US investigating whether Huawei stole trade secrets

Jan. 16, 2019 5:27 PM EST

WASHINGTON (AP) — The Wall Street Journal reports U.S. prosecutors are investigating whether Chinese tech giant Huawei stole trade secrets from U.S. companies. The newspaper says investigators are looking into whether the company stole technology behind a robotic device that T-Mobile used to test...

China criticizes Trudeau comments on death penalty case

Jan. 15, 2019 3:39 PM EST

BEIJING (AP) — China expressed its "strong dissatisfaction" with Canadian Prime Minister Justin Trudeau on Tuesday over his criticism of a death sentence given to a Canadian accused of drug smuggling at a retrial that followed a chilling of relations over the arrest of a senior Chinese technology...

2 charged with hacking SEC computers in trading scheme

Jan. 15, 2019 2:11 PM EST

NEWARK, N.J. (AP) — Two Ukrainian men hacked into the Securities and Exchange Commission's computers to steal thousands of quarterly and annual reports of public companies and worked with traders to use the information to make more than $4 million in illegal profits, U.S. Attorney Craig Carpenito said...

Tokyo court denies bail to Nissan's ex-chair Carlos Ghosn

Jan. 15, 2019 3:15 AM EST

TOKYO (AP) — The Tokyo District Court turned down a request by Nissan's former chairman Carlos Ghosn for release on bail Tuesday, prolonging his detention by weeks and possibly months. Ghosn, 64, who was arrested on Nov. 19, has been charged with falsifying financial reports in underreporting his...

Death penalty for Canadian escalates China-Canada tensions

Jan. 15, 2019 12:16 AM EST

TORONTO (AP) — A Chinese court sentenced a Canadian to death in a sudden retrial of his drug smuggling case, while another Canadian man has been denied diplomatic immunity, ratcheting up the tensions following Canada's arrest of a top Chinese technology executive last month. The Liaoning provincial court...