Latest Corporate crime News
Boeing's financial woes continue, while families of crash victims urge US to prosecute the company
Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers. ...
Editorial Roundup: Alabama
Cullman Times. April 18, 2024. Editorial: Scammers make April a more taxing month April is tax month, though for many of us that little chore is now history. But April is also Financial Literary Month, and the Atlanta Field Office of the IRS Criminal Investigation...
Spanish judge freezes a bank account of Piqué's company amid probe into Saudi deal to host Super Cup
BARCELONA, Spain (AP) — A Spanish judge has ordered a bank account of a company run by former Barcelona player Gerard Piqué to be frozen while she investigates suspicions of corruption in the hosting of the Spanish Super Cup in Saudi Arabia. A Spanish court confirmed local news...
Key players: Who's who at Donald Trump’s hush money criminal trial
NEW YORK (AP) — Donald Trump’s hush money criminal trial shifts to opening statements Monday, followed by the start of witness testimony. A jury of seven men and five women, plus six alternates, was picked last week. The trial centers on allegations the former president...
Children of reality TV's Chrisleys hope court hearing is step toward bringing convicted parents home
ATLANTA (AP) — Lawyers for reality TV stars Todd and Julie Chrisley, who are in prison after being convicted on federal charges of bank fraud and tax evasion, on Friday challenged aspects of their convictions and sentences in a federal appeals court. The Chrisleys rose to fame with...
A trial is underway for the Panama Papers, a case that changed the country's financial rules
PANAMA CITY (AP) — Eight years after 11 million leaked secret financial documents revealed how some of the world’s richest people hide their wealth, more than two dozen defendants are on trial in Panama for their alleged roles. The repercussions of the leaks were far-ranging,...
Who owns businesses in California? A lawmaker wants the public to know
SACRAMENTO, Calif. (AP) — A California lawmaker wants to require business owners and landlords to disclose their identities under legislation aimed at cracking down on opaque ownership structures that have enabled some companies to skirt state laws without facing consequences. ...
Boeing put under Senate scrutiny during back-to-back hearings on aircraft maker's safety culture
An engineer at Boeing said Wednesday that the aircraft company, in rushing to produce as many planes as possible, is taking manufacturing shortcuts that could lead to jetliners breaking apart. “They are putting out defective airplanes,” the engineer, Sam Salehpour, told members...
Former Michigan House leader and wife charged with misusing political funds
LANSING, Mich. (AP) — Prosecutors charged the former leader of the Michigan House and his wife with financial crimes Tuesday, alleging they milked political accounts for personal travel, housing and other benefits while the Republican lawmaker was raising millions of dollars from his powerful...
What to know about the real estate tycoon sentenced to death in Vietnam's largest fraud case
HANOI, Vietnam (AP) — A Vietnamese real estate tycoon was sentenced to death Thursday in the country's biggest ever financial fraud case, a shocking development in an intensifying anti-corruption drive in the southeast Asian nation. Truong My Lan, a high-profile businesswoman who...
