Men accused of helping ex-Nissan boss flee Japan challenge U.S. extradition case
BOSTON (Reuters) – Lawyers for the former Green Beret and son wanted by Japan for helping former Nissan Motor Co…
Staff mailboxes at Italy’s Monte dei Paschi suffer hacker attack: document
FILE PHOTO: The entrance of Monte Dei Paschi di Siena is seen in San Gusme near Siena, Italy, September 29,…
Angola’s Dos Santos named as suspect over alleged fraud at oil firm: Lusa news agency
FILE PHOTO: Isabel Dos Santos, daughter of Angola’s former president, sits for a portrait during a Reuters interview in London,…
Lawyers for Huawei CFO call Canada prosecutor’s arguments ‘circular’
Huawei Chief Financial Officer Meng Wanzhou leaves her home to attend a case management conference in advance of her extradition…
Prosecutors claim Avenatti was over $15 million in debt during alleged Nike extortion
(Reuters) – California attorney Michael Avenatti, known for representing porn actress Stormy Daniels in a lawsuit against U.S. President Donald…
Senior U.S. lawmaker to seek testimony of Wells Fargo’s board
WASHINGTON (Reuters) – Wells Fargo’s board of directors will be called to testify before Congress about the bank’s numerous scandals…
United Auto Workers union names reformer Gamble president until 2022
(Reuters) – The United Auto Workers international executive board on Thursday named acting president Rory Gamble to head the union…
Australia’s Westpac loses top two executives in money-laundering scandal
(Reuters) – Australia’s Westpac Banking Corp (WBC.AX) said on Tuesday its CEO will step down and its chairman will bring…
Acting UAW head to examine ‘every inch’ of union in scandal’s wake
DETROIT (Reuters) – The acting head of the United Auto Workers (UAW) said on Wednesday that he will examine every…
UAW union president takes leave of absence under cloud of U.S. federal probe
DETROIT (Reuters) – The president of the United Auto Workers union, who has been linked here to an ongoing corruption…
Facebook executive confident Libra will win enough financial backers
WASHINGTON (Reuters) – Facebook Inc (FB.O), whose digital currency project Libra has been abandoned by several high-profile partners including PayPal,…
SEC freezes assets of 18 traders over alleged manipulation
WASHINGTON (Reuters) – U.S. authorities said on Wednesday it has obtained an asset freeze against 18 traders, who are primarily…
U.S. agents raid genetic testing labs, charge 35 in Medicare fraud probe
WASHINGTON/LAWRENCEVILLE, Ga. (Reuters) – U.S. federal agents raided genetic testing laboratories, and 35 people were criminally charged in four states…
German authorities raid Deutsche Bank over Danske scandal
FRANKFURT (Reuters) – German authorities have raided Deutsche Bank’s (DBKGn.DE) Frankfurt headquarters and are searching for information related to Danske…
Banker tells German fraud trial he made millions from ‘astronomical’ trades
BONN (Reuters) – A British investment banker at the center of Germany’s biggest fraud trial told judges on Thursday he…
Exclusive: U.S. congressional probe finds possible lapses in Deutsche Bank controls – sources
LONDON/NEW YORK (Reuters) – U.S. congressional investigators have identified possible failures in Deutsche Bank AG’s (DBKGn.D) money laundering controls in…
Telemarketer charged in $1.2 billion Medicare fraud scheme pleads guilty in NJ
(Reuters) – The owner of a telemarketing company implicated in the largest component of a $1.2 billion Medicare fraud involving…
U.S. judge orders big drug companies to face opioid trial
(Reuters) – A U.S. judge on Tuesday rejected efforts by major drugmakers, pharmacies and distributors to dismiss claims that they…
SEC fines Texas-based firm for offering illegal tokens, unregistered exchange
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Thursday it fined and settled charges against a Texas-based…
FTC, AT&T settle 2014 lawsuit over data slowdowns: court
FILE PHOTO: An AT&T logo is pictured in Pasadena, California, U.S., January 24, 2018. REUTERS/Mario Anzuoni (Reuters) – The Federal…
Standard Chartered faces fine for sanctions breaches: Sky News
A logo of Standard Chartered is displayed at the financial Central district in Hong Kong, China November 23, 2017. REUTERS/Bobby…
Pope caps reform of Vatican bank with new statutes
VATICAN CITY (Reuters) – Pope Francis has approved new statutes for the Vatican Bank, making an external audit obligatory and…
Facebook to create privacy panel, pay $5 billion to U.S. to settle allegations
WASHINGTON (Reuters) – The Federal Trade Commission is set to announce on Wednesday that Facebook Inc (FB.O) has agreed to…
Carlos Ghosn sues Nissan-Mitsubishi in the Netherlands: paper
FILE PHOTO: Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention House in Tokyo, Japan April 25, 2019. REUTERS/Issei…
SEC reaches $60 million settlements involving ex-American Realty executives
NEW YORK (Reuters) – Two former executives at American Realty Capital Properties Inc, including the onetime billionaire who built it,…
U.S. SEC chief says he has not met with Facebook since Libra announcement
WASHINGTON (Reuters) – A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra…
Facebook should not be trusted with ‘crazy’ cryptocurrency plan: senators
WASHINGTON (Reuters) – Democratic and Republican lawmakers said on Tuesday that Facebook Inc’s track record of what they described as…
Indivior says Reckitt settlement in U.S. unrelated to its cases
(Reuters) – Drugmaker Indivior Plc said on Thursday its former parent Reckitt Benckiser’s $1.4 billion settlement with authorities in the…
Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes
(Reuters) – Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals…
Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes
(Reuters) – Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals…
India’s PNB says detects 38 billion rupee fraud
People walk past Punjab National Bank’s Brady House branch in Mumbai, India June 14, 2018. REUTERS/Francis Mascarenhas MUMBAI (Reuters) –…
Theranos founder Elizabeth Holmes, top deputy ordered to stand trial in 2020
LOS ANGELES (Reuters) – Theranos founder Elizabeth Holmes and her former second-in-command at the Silicon Valley blood-testing startup were ordered…
Lawyers for Huawei CFO urge Canada to withdraw extradition proceedings
(Reuters) – Lawyers for Huawei’s chief financial officer urged Canada’s justice minister on Monday to withdraw extradition proceedings against Meng…
Co-owner, ex-employee of pharmacy in U.S. meningitis outbreak acquitted
BOSTON (Reuters) – A federal judge on Friday tossed the convictions of a co-owner and former employee of a Massachusetts…
From prison, ‘Pharma Bro’ Martin Shkreli sues ex-colleagues for $30 million
NEW YORK (Reuters) – Martin Shkreli, the pharmaceutical entrepreneur serving a seven-year prison term for fraud, on Friday sued three…
U.S. says Huawei lawyer’s prior work at Justice Department poses conflict
(Reuters) – Huawei Technologies Co Ltd lawyer James Cole’s prior work at the U.S. Department of Justice created a conflict…
Sears sues Lampert, claiming he looted assets and drove it into bankruptcy
NEW YORK (Reuters) – Sears Holdings Corp sued longtime former Chairman Eddie Lampert, his hedge fund ESL Investments and others…
Swedbank chairman quits over money laundering scandal
STOCKHOLM (Reuters) – Swedbank Chairman Lars Idermark has quit only a week after the lender’s chief executive was ousted over…
Elon Musk’s defense of his Tesla tweet will get SEC response
(Reuters) – The top U.S. securities regulator received permission from a federal judge on Tuesday to respond to Tesla Inc…
Long before Trump’s trade war with China, Huawei’s activities were secretly tracked
(Reuters) – The surprise arrest of Huawei’s chief financial officer in December quickly turned the executive, Meng Wanzhou, into a…
Insys founder ran bribe scheme to push opioid: U.S. prosecutor
BOSTON (Reuters) – Insys Therapeutics Inc’s one-time billionaire founder directed a vast scheme to bribe doctors to prescribe an addictive…
Malaysia probing audit firms’ conduct in 1MDB scandal
KUALA LUMPUR (Reuters) – Malaysia’s securities regulator said on Saturday it was looking into the conduct of auditors of 1Malaysia…
Huawei CFO seeks bail, cites health fears behind bars: court documents
Meng Wanzhou, Executive Board Director of the Chinese technology giant Huawei, attends a session of the VTB Capital Investment Forum…
Huawei CFO bail hearing to resume in Canada as Beijing steps up pressure
TORONTO/BEIJING (Reuters) – A top executive of Chinese tech giant Huawei Technologies is due back in a Canadian court on…
Exclusive: U.S. probe of China’s Huawei includes bank fraud accusations – sources
WASHINGTON (Reuters) – Chinese telecoms giant Huawei Technologies Co Ltd’s chief financial officer was arrested as part of a U.S.…
Dividend windfall: Santander latest target in Germany’s giant fraud probe
FRANKFURT (Reuters) – Spain’s Santander (SAN.MC) is the latest bank to be caught up in Germany’s biggest post-war fraud investigation…
Danske shares slide as U.S. criminal inquiry spooks investors
COPENHAGEN (Reuters) – Danske Bank’s (DANSKE.CO) deepening money laundering scandal dragged its shares to a four-year low on Friday as…
Facebook, responding to lawsuit, says sex trafficking banned on site
(Reuters) – Facebook said on Wednesday in response to a lawsuit accusing it of not doing enough to protect users…
SEC chairman says Tesla settlement in ‘best interests’ of shareholders
WASHINGTON (Reuters) – U.S. Securities and Exchange Commission chairman Jay Clayton said in a statement on Saturday that the agency’s…
Musk to resign as Tesla chairman, remain as CEO in SEC settlement
WASHINGTON/SAN FRANCISCO (Reuters) – Tesla and Elon Musk have agreed to pay $20 million each to financial regulators and the…
Indonesia to hand over yacht linked to 1MDB to Malaysia
KUALA LUMPUR (Reuters) – Indonesia has agreed to hand over to Malaysia a $250 million luxury yacht it impounded in…
U.S. charges hundreds in major healthcare fraud, opioid crackdown
(Reuters) – The U.S. Justice Department on Thursday announced charges against 601 people including doctors for taking part in healthcare…
Ex-Akebia employee jailed for night as insider trading trial starts
BOSTON (Reuters) – A former Akebia Therapeutics Inc (AKBA.O) employee accused of engaging in an insider trading scheme must spend…
Theranos founder Holmes, former president indicted for fraud
(Reuters) – Theranos Inc founder Elizabeth Holmes and the embattled blood-testing company’s former president were indicted on charges that they…
Theranos founder Holmes, former president indicted for fraud
(Reuters) – Theranos Inc founder Elizabeth Holmes and the embattled blood-testing company’s former president were indicted on charges that they…
Former State Street executive faces U.S. fraud trial
BOSTON (Reuters) – A former executive at State Street Corp (STT.N) is set to face trial on U.S. charges that…
Australia’s CommBank accepts record penalty in money-laundering case
SYDNEY (Reuters) – Commonwealth Bank of Australia (CBA) (CBA.AX) agreed to a record penalty of A$700 million ($529.3 million) to…
U.S. and Canadian regulators open probes into cryptocurrency scams
WASHINGTON (Reuters) – U.S. and Canadian state securities regulators announced Monday they have launched dozens of investigations into cryptocurrency scams.…
BlackRock may keep fees despite executive’s U.S. campaign donation: SEC
NEW YORK (Reuters) – BlackRock Inc can keep fees from the state of Ohio despite a donation one of its…