Latest Corporate crime News

Trump Media's newly hired auditing firm was just busted by the SEC for 'massive fraud'

May. 03, 2024 22:27 PM EDT

SAN FRANCISCO (AP) — The Securities and Exchange Commission on Friday charged an auditing firm hired by Trump Media and Technology Group just 37 days ago with “massive fraud” — though not for any work it performed for former President Donald Trump’s media company. The SEC...

Georgia governor signs law requiring jailers to check immigration status of prisoners

May. 01, 2024 15:24 PM EDT

ATLANTA (AP) — Jailers in Georgia must now check the immigration status of inmates and apply to help enforce federal immigration law, under a bill that gained traction after police accused a Venezuelan man of beating a nursing student to death on the University of Georgia campus. ...

Binance founder Changpeng Zhao sentenced to 4 months for allowing money laundering

Apr. 30, 2024 20:24 PM EDT

SEATTLE (AP) — Changpeng Zhao, founder of the world's largest cryptocurrency exchange, was sentenced Tuesday to four months in prison for looking the other way as criminals used the platform to move money connected to child sex abuse, drug trafficking and terrorism. U.S. District...

Trial begins for financial executive in insider trading case tied to taking Trump media firm public

Apr. 30, 2024 18:16 PM EDT

NEW YORK (AP) — An insider trading trial began Tuesday for a financial executive charged with enabling his boss and others to make millions of dollars illegally on news that an acquisition firm would be taking former President Donald Trump’s media company public. In an opening...

Ex-Binance CEO Changpeng Zhao sentenced to four months for allowing money laundering on largest crypto exchange

Apr. 30, 2024 15:02 PM EDT
SEATTLE (AP) — Ex-Binance CEO Changpeng Zhao sentenced to four months for allowing money laundering on largest crypto exchange.

Boeing's financial woes continue, while families of crash victims urge US to prosecute the company

Apr. 24, 2024 20:36 PM EDT

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

Apr. 24, 2024 07:20 AM EDT

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

Apr. 23, 2024 14:33 PM EDT

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

Apr. 20, 2024 23:35 PM EDT

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

Apr. 19, 2024 11:15 AM EDT

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...