China Signals Spying Fears Amid Probe of Consulting Firms
The due-diligence industry is suddenly in the crosshairs of Beijing’s efforts to limit foreign influence in China. Source link
Financial Crime
UAW Members Elect Reform Candidate as President
Shawn Fain will take charge of the union ahead of contract talks with Detroit auto makers set to begin this...
Former Fox Executive Found Guilty in FIFA Bribery Scheme
Hernan Lopez was convicted of conspiring to pay tens of millions of dollars in bribes to secure the broadcasting rights...
WSJ News Exclusive | Iraq Economy Reels as U.S. Moves Against Money Flows to Iran
Iraqis are blaming a little-noticed policy change by the U.S. Treasury and the Federal Reserve Bank of New York for...
Crypto Platform Bitzlato Charged With Laundering More Than $700 Million of Illicit Money
U.S. authorities designated cryptocurrency exchange Bitzlato Ltd. as a primary money-laundering concern and charged its founder for allegedly facilitating money...
Former Executives of Fox Subsidiary Face Trial in FIFA Bribery Case
Prosecutors allege two former executives of 21st Century Fox paid bribes for soccer broadcasting rights in South America, in a...
Elon Musk Seeks to Move Trial Over Tesla Tweets, Saying San Francisco Jurors Are Biased
TechBillionaire says negative local publicity surrounding his management of Twitter will prevent a fair trial Source link
Honeywell to Pay $203 Million in Settlements Over Brazil, Algeria Bribery
Honeywell International Inc. will pay nearly $203 million to resolve investigations in the U.S. and Brazil into bribes paid to...
American Casino Giants Win 10-Year Macau License Renewals
Six casino operators in Macau won provisional licenses to continue operating in the Chinese gambling hub for the next 10...
Ex-MoviePass Executives Are Charged in Securities Fraud Case
The two men are accused of engaging in a fraudulent scheme to inflate the parent company’s stock and attract new...
Nikola Founder Trevor Milton Hangs Legal Defense on Expert Testimony
Lawyers for Trevor Milton are anchoring the Nikola Corp. NKLA 11.36% founder’s defense against securities-fraud charges on the testimony of...
Biogen Agrees to Pay $900 Million Over Alleged Improper Physician Payments
Biogen Inc. agreed to pay $900 million to settle allegations that it paid kickbacks to doctors to induce them to...
Nikola Founder Faces Securities-Fraud Trial Over Promises About Electric Trucks
Trevor Milton, the Nikola Corp. NKLA 3.24% founder who enticed auto-industry leaders and investors with his promise for a revolution...
As Online Gambling Grows, So Does the Financial Crime Risk
Online gambling is booming across the U.S. and compliance experts caution that it creates opportunities for criminals to launder money...
Samsung Leader Jay Y. Lee Receives Presidential Pardon for Bribery Conviction
SEOUL— Samsung’s de facto leader, Lee Jae-yong, will receive a pardon on Monday, South Korea’s presidential office said, a legal...
Theranos Former President Ramesh ‘Sunny’ Balwani Found Guilty on All 12 Fraud Counts
SAN JOSE, Calif.—A federal jury convicted Ramesh “ Sunny” Balwani, the former top lieutenant to Theranos Inc. founder Elizabeth Holmes,...
FTC Accuses Walmart of Letting Scammers Use Its Money-Transfer Services
The Federal Trade Commission sued Walmart on Tuesday, alleging the retailer allowed its money-transfer services to facilitate fraud.The complaint, filed...
WSJ News Exclusive | Facebook Parent Meta Pulls Out of Sponsorship Deal for U.S. 250th Anniversary Project
WASHINGTON— Facebook parent Meta Platforms Inc. said Wednesday it has canceled its sponsorship agreement with the organization planning the federal...
Glencore Settles Corruption and Bribery Charges in U.S., U.K., Brazil
Glencore GLNCY 2.01% PLC said Tuesday it would pay at least $1.2 billion and two business units would plead guilty...
Saudi Sovereign-Wealth Fund Buys Stake in Royal’s Investment Firm
Saudi Arabia’s sovereign-wealth fund bought a stake Sunday in a firm owned by billionaire Prince al-Waleed bin Talal, further intertwining...
