Latest Corporate bribery News

Ex-Harvard coach, father charged in $1.5M admissions scam

Nov. 16, 2020 6:05 PM EST

BOSTON (AP) — The former fencing coach at Harvard and a wealthy Maryland businessman were arrested Monday on accusations that the coach took $1.5 million in bribes in exchange for helping the businessman get his two sons into the Ivy League school as recruited fencers. Peter Brand, 67, who was fired by...

FILE - In this 2015 file photo, FirstEnergy Corp. President and CEO Charles

Ohio utility at center of $60 million bribery case fires CEO

Oct. 30, 2020 4:50 PM EDT

TOLEDO, Ohio (AP) — A power company under investigation for its role in an alleged $60 million bribery scheme involving one of Ohio’s most powerful politicians fired its chief executive following an internal review. FirstEnergy Corp. said its investigation found that CEO Chuck Jones and two other...

FILE - In this March 14, 2018, file photo, former South Korean President Lee Myung-bak arrives for questioning over bribery allegations at the Seoul Central District Prosecutors' Office in Seoul, South Korea. South Korea’s top court on Thursday, Oct. 29, 2020, upheld a 17-year prison term imposed on ex-President Lee over a range of high-profile corruption charges, a ruling that will send him back to jail again.(Kim Hong-Ji/Pool Photo via AP, File)

S. Korea's top court upholds ex-leader's 17-year jail term

Oct. 29, 2020 5:38 AM EDT

SEOUL, South Korea (AP) — South Korea’s top court upheld a 17-year prison sentence on former President Lee Myung-bak for a range of corruption crimes in a final ruling Thursday that will send him back to prison soon. Lee has been convicted of taking bribes worth millions of dollars from big...

FILE - In this July 6, 2011, file photo, Samsung Chairman Lee Kun-hee, right, greets people from the South Korean delegation in Durban, South Africa, for the 123rd International Olympic Committee (IOC) session that will decide the host city for the 2018 Olympics Winter Games. Lee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics, has died, a Samsung statement said Sunday, Oct. 25, 2020. He was 78. (AP Photo/Schalk van Zuydam, File)

Lee Kun-Hee, force behind Samsung’s rise, dies at 78

Oct. 25, 2020 8:38 PM EDT

SEOUL, South Korea (AP) — Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics but whose leadership was also marred by corruption convictions, died on Sunday. He was 78. Lee died with his family members by his side,...

Feds: Newark councilman was part of bribe, kickback scheme

Oct. 20, 2020 6:48 PM EDT

NEWARK, N.J. (AP) — A Newark city councilman conspired with an associate to shake down companies seeking development and construction projects in the city, the U.S. attorney's office charged in a complaint released Tuesday. Joseph McCallum Jr. faces one count of honest services wire fraud, which carries a...

Bus owner gets probation for bribing federal safety official

Oct. 15, 2020 3:07 PM EDT

BOSTON (AP) — The owner of a Massachusetts-based charter bus company who pleaded guilty to bribing a federal safety inspector was sentenced this week to probation, federal prosecutors said Thursday. Le Wen Wu, 51, of Brooklyn, New York, was sentenced Tuesday in federal court in Boston to two years of...

A person wearing a face mask to try to stop the spread of coronavirus walks across London Bridge, with Tower Bridge in the background, at sunrise in London, Monday, Oct. 12, 2020. In response to the coronavirus' resurgence, British Prime Minister Boris Johnson is expected to announce in Parliament on Monday a three-tier local lockdown system, formally known as

US, UK fight foreign bribery but most nations do very little

Oct. 13, 2020 4:03 AM EDT

BERLIN (AP) — An anti-corruption watchdog on Tuesday ranked the United States and United Kingdom as the largest exporters most active at enforcing rules meant to prohibit companies from paying bribes in foreign markets, but said many others are doing next to nothing. Berlin-based Transparency International...

Company that planned LA development to settle bribery case

Oct. 7, 2020 8:00 PM EDT

LOS ANGELES (AP) — A company that planned a massive redevelopment project in downtown Los Angeles will pay more than $1 million after acknowledging that it was involved in bribing city officials, authorities said Wednesday. Jia Yuan USA Co., based in Arcadia, reached the agreement to resolve its part in a...

Former tech CEO gets home confinement for admissions bribe

Oct. 5, 2020 3:06 PM EDT

BOSTON (AP) — A former tech executive was sentenced Monday to one year of home confinement for paying $300,000 to bribe his son's way into Georgetown University as a tennis recruit, even though the son did not play tennis. Peter Dameris, of Pacific Palisades, California, appeared before a Boston federal...

Former Scranton, Pa. mayor Bill Courtright, left, arrives with his attorney Paul Walker for sentencing at the William J. Nealon Federal Building and U.S. Courthouse in downtown Scranton, Pa. on Friday, Oct. 2, 2020. Courtright has been sentenced to seven years in federal prison on charges that he shook down businesses for bribes and campaign contributions. Bill Courtright resigned last year as mayor of the city of 78,000 and pleaded guilty to bribery, extortion and conspiracy. (Christopher Dolan/The Times-Tribune via AP)

Ex-mayor of Scranton sentenced to 7 years for corruption

Oct. 2, 2020 2:30 PM EDT

SCRANTON, Pa. (AP) — The former mayor of Scranton, Pennsylvania, was sentenced Friday to seven years in federal prison on charges that he shook down businesses for bribes and campaign contributions. Bill Courtright resigned last year as mayor of the city of 78,000 and pleaded guilty to bribery, extortion...