Latest Corporate crime News

California court: Defendants get crack at some social media

May. 24, 2018 8:47 PM EDT

SAN FRANCISCO (AP) — Facebook and other social media companies can be compelled to give criminal defendants preparing for trial user content that is already public, California's highest court ruled Thursday. The state Supreme Court's ruling gives an opening to defense lawyers whose requests for information...

Georgia jury awards $1 billion after guard rapes teen

May. 23, 2018 5:18 PM EDT

ATLANTA (AP) — A Georgia jury has awarded an eye-popping $1 billion verdict against a security company after an apartment complex guard was convicted of raping a 14-year-old girl. Hope Cheston was outside by some picnic tables with her boyfriend during a party in October 2012 when an armed security guard...

Ex-CFO gets prison term for stealing more than $1 million

May. 23, 2018 1:41 PM EDT

NEWARK, N.J. (AP) — The former chief financial officer of a New Jersey orthopedic care provider is headed to prison for stealing more than $1 million from the company for his personal use. Harry Wolfmuller received a two-year sentence Wednesday and must pay $1,175,720 in restitution. He pleaded guilty last...

2 Kansas, 1 Missourian accused in 'rent-a-vet' scheme

May. 23, 2018 12:11 PM EDT

KANSAS CITY, Mo. (AP) — Federal prosecutors are alleging that two Topeka businessmen and a Kansas City-area man operated a $352 million business fraud scheme that involved using minority or disabled military veterans to obtain federal business contracts. In a civil action filed in Kansas City, federal...

Cajun Navy leader arrested on contractor fraud charge

May. 18, 2018 11:39 PM EDT

BATON ROUGE, La. (AP) — A Louisiana man who founded Cajun Navy 2016, a volunteer flotilla renowned for rapidly responding to natural disasters, has been arrested on a charge he defrauded a customer who hired him to rebuild a home. Jon Bridgers, 47, of Walker, was freed from jail on $10,000 bond after his...

Former bank execs seek acquittal after fraud convictions

May. 18, 2018 1:44 PM EDT

DOVER, Del. (AP) — Four former executives for the only financial institution to be criminally charged in connection with the federal bank bailout program are asking a judge to overturn their fraud and conspiracy convictions. Attorneys for the former Wilmington Trust executives argue in court papers filed...

Judge denies bail for Hong Kong businessman in bribery case

May. 17, 2018 8:48 PM EDT

NEW YORK (AP) — A New York judge rejected bail on Thursday for a prominent Hong Kong businessman awaiting trial in a United Nations-linked bribery conspiracy, saying evidence in a prosecution that could result in decades in prison was strong enough to make him want to flee. U.S. District Judge Katherine B....

Bumble Bee CEO indicted on charge he fixed canned tuna price

May. 16, 2018 8:43 PM EDT

SAN FRANCISCO (AP) — U.S. prosecutors filed a criminal charge Wednesday against the CEO of Bumble Bee Foods as part of an ongoing investigation into price fixing in the packaged seafood industry. A grand jury in San Francisco indicted Christopher Lischewski on one count of price fixing, alleging that from...

Special counsel, defense counsel spar over phone etiquette

May. 16, 2018 3:14 PM EDT

WASHINGTON (AP) — Who hung up on whom? That was a pressing point of contention Wednesday in a federal court hearing involving a Russian company charged as part of a conspiracy to interfere in the 2016 election. One of special counsel Robert Mueller's prosecutors says an attorney for the company hung up on...

Security company seeks settlement in Dakota Access dispute

May. 15, 2018 4:50 PM EDT

MANDAN, N.D. (AP) — A private security company accused of operating illegally in North Dakota during protests against the Dakota Access oil pipeline says it would be willing to pay fines to settle the legal dispute as long as it's not required to admit any wrongdoing. North Dakota's Private Investigative...