Latest Corporate crime News

UK's Cameron praises progress in joint effort with Albania to stop illegal migration

May. 22, 2024 09:21 AM EDT

TIRANA, Albania (AP) — British Foreign Secretary David Cameron hailed progress in a U.K.-Albania joint effort to cut illegal migration, saying small boat arrivals from Albania to the U.K. fell by over 90% in 2023 as the two countries fought people smuggling gangs, according to a Foreign Office...

Jailed Guatemalan journalist to AP: 'I can defend myself, because I am innocent'

May. 21, 2024 20:20 PM EDT

GUATEMALA CITY (AP) — José Rubén Zamora has spent nearly two years locked in a dark 16- by 13-foot cell in a Guatemalan prison, allowed only one hour a day in the sunlight. The journalist’s money laundering conviction was tossed out, and last week a judge finally ordered his...

Trump's lawyers rested their case after calling just 2 witnesses. Experts say that's not unusual

May. 21, 2024 19:33 PM EDT

NEW YORK (AP) — Donald Trump’s legal team rested its case Tuesday in his hush money trial after calling just two witnesses and opting not to have the former president take the stand in his own defense. But despite what Hollywood courtroom dramas might suggest, that isn’t all...

Trump Media and Technology Group posts more than $300 million net loss in first public quarter

May. 20, 2024 17:37 PM EDT

SARASOTA, Fla. (AP) — Trump Media and Technology Group, the owner of former President Donald Trump's social networking site Truth Social, lost more than $300 million last quarter, according to its first earnings report as a publicly traded company. For the three-month period that...

Ivan Boesky, stock trader convicted in insider trading scandal, dead at 87

May. 20, 2024 14:42 PM EDT

Ivan F. Boesky, the flamboyant stock trader whose cooperation with the government cracked open one of the largest insider trading scandals in the history of Wall Street, has died at the age of 87. A representative at the Marianne Boesky Gallery, owned by Ivan Boesky's daughter,...

Former top Baltimore prosecutor applies for presidential pardon

May. 17, 2024 13:34 PM EDT

BALTIMORE (AP) — Baltimore’s former top prosecutor Marilyn Mosby has applied for a presidential pardon ahead of sentencing on her recent perjury and mortgage fraud convictions, according to The Baltimore Sun. In a letter to President Joe Biden on Thursday, the Congressional Black...

Ex-South African leader's corruption trial date set as he fights another case to run for election

May. 16, 2024 16:58 PM EDT

CAPE TOWN, South Africa (AP) — Former South African President Jacob Zuma will go on trial for alleged corruption next April, four years after he was formally charged with taking bribes in connection with a multi-billion-dollar arms deal and 20 years after he was first implicated, prosecutors said...

More trouble in Belgium for Miami-based 777 Partners after court authorizes seizure of assets

May. 16, 2024 15:19 PM EDT

BRUSSELS (AP) — A Belgian court ruled Thursday that all assets in the country belonging to American investment group 777 Partners can be seized, in the latest legal setback for the embattled company that owns Standard Liège and several other soccer clubs. The decision by a court...

Changes from Visa mean Americans will carry fewer physical credit, debit cards in their wallets

May. 15, 2024 17:05 PM EDT

NEW YORK (AP) — Your wallet may soon be getting thinner. Visa on Wednesday announced major changes to how credit and debit cards will operate in the U.S. in the coming months and years. The new features could mean Americans will be carrying fewer physical cards in...

A Swiss court sentences a former Gambian interior minister to 20 years for crimes against humanity

May. 15, 2024 14:52 PM EDT

GENEVA (AP) — Switzerland’s top criminal court on Wednesday convicted a former interior minister of Gambia for crimes against humanity and sentenced him to 20 years over his role in murder, torture and other repression committed by the West African country’s security forces under its longtime...