Latest Embezzlement News

Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case

Mar. 03, 2024 08:07 AM EST

DHAKA, Bangladesh (AP) — A court in Bangladesh on Sunday granted bail to Nobel laureate Muhammad Yunus in a $2.3 million embezzlement case. Yunus, who was awarded the Nobel Peace Prize in 2006 for pioneering the use of microcredit to help impoverished people, was sentenced to six...

Los Angeles County to pay $5M settlement over arrest of election technology company founder

Jan. 23, 2024 23:47 PM EST

LOS ANGELES (AP) — Los Angeles County on Tuesday agreed to pay $5 million to the founder and CEO of a software company who was briefly accused of stealing data on county poll workers in a case he said was pushed by conspiracy theorists. The Board of Supervisors voted without public...

An Arizona man and woman are indicted in embezzlement of millions from a tribal health organization

Dec. 22, 2023 16:47 PM EST

TUCSON, Ariz. (AP) — A federal grand jury in southern Arizona has indicted a Tucson man and woman in an alleged conspiracy to embezzle millions of dollars from a nonprofit, federally funded tribal health care organization. The indictment unsealed on Monday alleges that Kevin...

Two people who worked for former Michigan House leader are charged with financial crimes

Dec. 21, 2023 17:42 PM EST

LANSING, Mich. (AP) — Two people who had close ties to a powerful Republican lawmaker when he ran the Michigan House were charged Thursday with a raft of financial crimes, including embezzlement from nonprofit funds created for political purposes. The charges against Rob and Anne...