Latest Corporate crime News

New York AG says Trump's company misled banks, tax officials

Jan. 19, 2022 17:53 PM EST

NEW YORK (AP) — The New York attorney general says her investigators have uncovered evidence that former President Donald Trump’s company used “fraudulent or misleading” valuations of its golf clubs, skyscrapers and other property to get loans and tax benefits. In a court...

What comes next in New York's investigation of Donald Trump

Jan. 19, 2022 17:47 PM EST

NEW YORK (AP) — After investigating former President Donald Trump for several years, New York Attorney General Letitia James used a court filing Tuesday to outline much of the evidence her investigators have gathered so far. The legal memo claimed the Republican's company used “fraudulent or...

3 men including an officer face insider trading charges

Jan. 19, 2022 15:04 PM EST

BOSTON (AP) — Three men, including a Massachusetts police officer, were arrested Wednesday for allegedly conspiring to trade shares of a company based on inside information, federal prosecutors in Boston said. David Forte, 58, of Acton; John Younis, 59, of Bristol, Rhode Island;...

Editorial Roundup: Pennsylvania

Jan. 19, 2022 12:40 PM EST

Philadelphia Inquirer. January 19, 2022. Editorial: The Black community needs better internet access now Last November, President Biden signed a $1 trillion bipartisan infrastructure bill into law. The bill provides $42 billion for wiring underserved communities and...

New York investigators tell court Trump's company used "fraudulent or misleading" documents to get loans, tax breaks

Jan. 19, 2022 01:14 AM EST
NEW YORK (AP) — New York investigators tell court Trump's company used "fraudulent or misleading" documents to get loans, tax breaks.

Nebraska men sentenced for company's safety violations

Jan. 14, 2022 19:02 PM EST

OMAHA, Neb. (AP) — An Omaha company and two of its owners were sentenced Friday to federal prison for knowingly violating worker safety standards, leading to an explosion that killed two workers. Nebraska Railcar Cleaning Services; Steven Michael Braithwaite, president and owner...

Thousands of Nevadans share in student loan abuse settlement

Jan. 14, 2022 17:38 PM EST

CARSON CITY, Nev. (AP) — Thousands of Nevadans will share in a big settlement 39 state attorneys general negotiated with a major student loan collecting company accused of abusive lending practices tied to more than $1 billion in loans, Nevada Attorney General Aaron Ford said Friday. ...

Shkreli ordered to return $64M, is barred from drug industry

Jan. 14, 2022 15:39 PM EST

NEW YORK (AP) — Martin Shkreli must return $64.6 million in profits he and his former company reaped from jacking up the price and monopolizing the market for a lifesaving drug, a federal judge ruled Friday while also barring the provocative, imprisoned ex-CEO from the pharmaceutical industry for...

SC woman gets prison for misusing $1.2M in COVID-19 funds

Jan. 14, 2022 11:25 AM EST

COLUMBIA, S.C. (AP) — A South Carolina woman has been sentenced to two years in federal prison for fraud relating to $1.2 million in coronavirus relief funds. Bridgett Dorsey, 39, of Blythewood, had pleaded guilty to tax fraud and fraud related to the CARES Act, the U.S. Attorney's...

Utah man sentenced to prison for investment fraud scheme

Jan. 14, 2022 08:41 AM EST

NORFOLK, Va. (AP) — A Utah man has been sentenced to five years in prison for his part in a nationwide investment fraud scheme that targeted elderly victims and led to losses of nearly $30 million, officials said. According to a news release from the U.S. Attorney’s Office for...