Latest Corporate bribery News

FILE - In this June 3, 2017, file photo, North Carolina Republican Party Chairman Robin Hayes speaks during the North Carolina Republican Party State Convention at the Wilmington Convention Center in Wilmington, N.C. The former North Carolina congressman and state Republican Party leader who lied to FBI agents about a bribery scandal received a pardon on Wednesday, Jan. 20, 2021, from outgoing President Donald Trump. (AP Photo/Mike Spencer, File)

Ex-Rep. Hayes pardoned by Trump for role in bribery scandal

Jan. 20, 2021 4:15 PM EST

RALEIGH, N.C. (AP) — A former North Carolina congressman and state Republican Party leader who lied to FBI agents about a bribery scandal received a pardon from outgoing President Donald Trump in his final hours in office. Federal authorities said ex-Rep. Robin Hayes participated in a scheme while GOP...

Guilty plea in military transportation bribery case

Jan. 5, 2021 6:07 PM EST

NEW ORLEANS (AP) — A former federal employee has pleaded guilty in New Orleans after prosecutors said he agreed to take $250,000 in bribes to steer transportation contracts to a Georgia businessman. U.S. Attorney Peter Strasser's office said 48-year-old Erick Martin pleaded guilty last week to conspiracy...

In this image taken from Jan. 5, 2021, video footage run by China's CCTV via AP Video, Lai Xiaomin, the former head of the state-owned China Huarong Asset Management Co.Ltd., attends court at the Second Intermediate People's Court of Tianjin in China. Lai has been sentenced to death for bribe taking in one of the harshest punishments for economic crimes in recent years. (CCTV via AP Video)

Former head of China state asset firm sentenced to death

Jan. 5, 2021 6:41 AM EST

BEIJING (AP) — The former head of state-owned China Huarong Asset Management Co. Ltd. was sentenced to death Tuesday for bribe taking in one of the harshest punishments for economic crimes in recent years. Lai Xiaomin, 58, was also found guilty by the Second Intermediate People’s Court of Tianjin...

FILE – In this April 12, 2005, file photo, operator Kevin Holko monitors the control room during a scheduled refueling shutdown at the Perry Nuclear Power Plant in North Perry, Ohio. A federal court docket showed that

Scandal-battered utility now faces specter of pricy lawsuits

Dec. 30, 2020 8:20 AM EST

CLEVELAND (AP) — Ohio’s largest electric utility, its reputation battered by scandal, has been besieged by more than a dozen lawsuits filed by angry shareholders who include some of the country’s biggest institutional investors. And, if history is a guide, FirstEnergy Corp. and its insurers...

Appeals court upholds conviction of Hong Kong businessman

Dec. 29, 2020 10:45 AM EST

NEW YORK (AP) — The conviction of a prominent Hong Kong businessman for paying bribes to the presidents of Chad and Uganda in a United Nations-linked conspiracy was upheld Tuesday by an appeals court. The 2nd U.S. Circuit Court of Appeals in Manhattan ruled in the case of Dr. Chi Ping Patrick Ho, finding...

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

Dec. 7, 2020 5:13 PM EST

BOSTON (AP) — The former fencing coach at Harvard and a wealthy Maryland businessman were indicted Monday on charges 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 Harvard...