Latest Corporate crime News

Panthers owner David Tepper scrutinized in criminal probe

Dec. 02, 2022 15:42 PM EST

COLUMBIA, S.C. (AP) — Carolina Panthers owner David Tepper and his real estate company are the focus of a criminal investigation to see if they misused any public money in their failed effort to build a practice facility for the NFL team in South Carolina. The York County Sheriff's...

Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud

Dec. 02, 2022 15:27 PM EST

NEW YORK (AP) — In the end, it wasn't a last-minute smoking gun but a prosecutor insisting that evidence shows Donald Trump was aware of a scheme that his Trump Organization’s executives hatched to avoid paying personal income taxes on millions of dollars worth of company-paid perks. ...

Prosecutor: Donald Trump knew about exec's tax fraud scheme

Dec. 01, 2022 20:12 PM EST

NEW YORK (AP) — Donald Trump “knew exactly what was going on” with top Trump Organization executives who schemed for years to dodge taxes on company-paid perks, a prosecutor said Thursday, challenging defense claims that the former president was unaware of the plot at the heart of the...

Key allegations, witnesses as Trump Org. trial winds down

Nov. 29, 2022 19:35 PM EST

NEW YORK (AP) — Former President Donald Trump’s inaugural address clocked in at just 16 minutes. Closing arguments are slated for Thursday in his company’s criminal tax fraud case? Prosecutors and defense lawyers say those could take seven hours or more. Those...

California trucking firm owner sentenced for deadly blast

Nov. 29, 2022 18:59 PM EST

LOS ANGELES (AP) — A Southern California trucking company owner who ordered the illegal repair of a tanker that led to a deadly explosion was sentenced Tuesday to 10 years in federal prison. Carl Bradley Johansson, 64, of Newport Beach also was sentenced for tax evasion and for...

At Trump Org. fraud trial, defense rests and deflects blame

Nov. 28, 2022 17:54 PM EST

NEW YORK (AP) — The defense rested Monday at the Trump Organization’s criminal tax fraud trial after a contentious day in court, putting the case involving former President Donald Trump’s real estate empire on track for deliberations next week. Trump Organization lawyers...

Japan investigators raid Dentsu in widening Olympic probe

Nov. 25, 2022 01:53 AM EST

TOKYO (AP) — Japanese prosecutors raided the headquarters of major advertising company Dentsu on Friday, as the investigation into corruption related to the Tokyo Olympics widened. Major local TV broadcasters showed Tokyo District Prosecutors and Japan Fair Trade Commission...

French prosecutors probe alleged illegal election financing

Nov. 24, 2022 13:16 PM EST

PARIS (AP) — French national financial prosecutors said Thursday they have opened an investigation into suspected illegal financing of electoral campaigns in 2017 and 2022. A leading French newspaper reported that the probe targets President Emmanuel Macron’s winning election bids. ...

Banker for Alex Murdaugh convicted of bank fraud charges

Nov. 23, 2022 11:11 AM EST

CHARLESTON, S.C. (AP) — A banker charged with helping disbarred attorney Alex Murdaugh take money from the legal settlements of clients was found guilty late Tuesday of wire and bank fraud charges in South Carolina. Former Palmetto State Bank CEO Russell Laffitte was allowed to...

Investigators: Firm that cleans meat plants employed minors

Nov. 22, 2022 15:38 PM EST

OMAHA, Neb. (AP) — A Wisconsin company that cleans hundreds of meatpacking plants nationwide is defending itself against allegations that it employed more than two dozen minors working overnight shifts cleaning massive saws, grinding machines and other dangerous processing equipment at three...