Latest Corporate crime News
Nissan, Honda confirm talks on closer collaboration but say there's been no decision on a merger
BANGKOK (AP) — Japanese automakers Nissan Motor Corp. and Honda Motor Co. confirmed Wednesday that they are discussing closer collaboration but denied reports they have decided on a merger. Nissan’s share price soared nearly 24% in Tokyo after reports citing unnamed sources said...
Business owners should not forget anti-money laundering rule currently in legal limbo
Small business owners should not forget about a rule — currently in legal limbo — that would require them to register with an agency called the Financial Crimes Enforcement Network, or FinCEN, by Jan. 1. The registration is part of the Corporate Transparency Act, an anti-money...
Son-in-law of top foe of Venezuela’s president sentenced to 30 months on money laundering charge
MIAMI (AP) — The son-in-law of a prominent Venezuelan opposition leader was sentenced Tuesday to two and a half years in prison for his role in a vast conspiracy to siphon $1.2 billion from the state-owned oil company, some of which allegedly landed into accounts controlled by President Nicolás...
Notorious drug lord Osiel Cárdenas returned to Mexico after US sentence, is quickly re-arrested
MEXICO CITY (AP) — Notorious drug lord Osiel Cárdenas Guillén has been returned to Mexico after serving a U.S. sentence and was quickly re-arrested and sent to a maximum security prison to face Mexican charges. There had been nervousness about the impending return of Cárdenas...
Man sentenced for helping pregnant Chinese women travel to give birth in the US
LOS ANGELES (AP) — A California man was sentenced Monday to nearly 3 1/2 years in prison for running an extensive business that helped pregnant Chinese women travel to the United States to deliver babies who would automatically have American citizenship. U.S. authorities had sought...
26 people arrested in crackdown on illegal deforestation along Paraguay, Brazil and Argentina border
BOGOTA, Colombia (AP) — Paraguayan authorities arrested 26 people in a crackdown on suspected illegal deforestation along the country's border with Brazil and Argentina, Interpol announced Monday. Fourteen different agencies collaborated in the mid-October sweep, which relied on...
Former FBI informant pleads guilty to lying about phony bribery scheme involving the Bidens
LOS ANGELES (AP) — A former FBI informant pleaded guilty on Monday to lying about a phony bribery scheme involving President Joe Biden and his son Hunter that became central to the Republican impeachment inquiry in Congress. Alexander Smirnov entered his plea to a felony charge in...
Danish court sentences British hedge fund trader to 12 years over massive tax fraud
A Danish court has sentenced a British hedge fund trader to 12 years in prison in connection with what authorities say was a 9 billion kroner ($1.3 billion) tax fraud, Danish justice officials confirmed. Sanjay Shah was extradited from Dubai last year to face trial on charges he...
Ex-FBI informant accused of lying about Bidens agrees to plead guilty to federal charges
WASHINGTON (AP) — A former FBI informant accused of falsely claiming that President Joe Biden and his son Hunter accepted bribes has agreed to plead guilty to federal charges, according to court papers filed Thursday. As part of the plea deal with Justice Department special...
Alex Murdaugh's murder appeal cites biased clerk and prejudicial evidence
COLUMBIA, S.C. (AP) — Lawyers for Alex Murdaugh are taking two paths to appeal his murder convictions for killing his wife and son, saying that a court clerk pushed a guilty verdict to jurors to sell books and that the trial judge allowed improper evidence like the disgraced South Carolina...
