Corporate crime

FILE - In this March 14, 2018, file photo, former South Korean President Lee Myung-bak arrives for questioning over bribery allegations at the Seoul Central District Prosecutors' Office in Seoul, South Korea. South Korea’s top court on Thursday, Oct. 29, 2020, upheld a 17-year prison term imposed on ex-President Lee over a range of high-profile corruption charges, a ruling that will send him back to jail again.(Kim Hong-Ji/Pool Photo via AP, File)
October 29, 2020 - 4:37 am
SEOUL, South Korea (AP) — South Korea’s top court upheld a 17-year prison sentence on former President Lee Myung-bak for a range of corruption crimes in a final ruling Thursday that will send him back to prison soon. Lee has been convicted of taking bribes worth millions of dollars from big...
Read More
Dr. Love Paul, left, Pearl Paul and their son Nate Paul, right, attend the 2011 Texas Inaugural Celebration at the Palmer Events Center in Austin, Texas, on Jan. 18, 2011. Nate Paul, an Austin real estate developer at the center of recent allegations against Texas Attorney General Ken Paxton, asked for an investigation into his uncorroborated claims that other businessmen have an elaborate conspiracy to steal $200 million worth of his properties with the help of a federal judge. In his complaint to prosecutors in Austin, Paul said the owner of a chain of Texas car dealerships schemed with lawyers, investors and others to seize his assets. (Laura Skelding/Austin American-Statesman via AP)
October 28, 2020 - 7:07 pm
DALLAS (AP) — An Austin real estate developer at the center of recent allegations against Texas Attorney General Ken Paxton asked for an investigation into his uncorroborated claims that other businessmen have an elaborate conspiracy to steal $200 million worth of his properties with the help of a...
Read More
FILE - In this July 6, 2011, file photo, Samsung Chairman Lee Kun-hee, right, greets people from the South Korean delegation in Durban, South Africa, for the 123rd International Olympic Committee (IOC) session that will decide the host city for the 2018 Olympics Winter Games. Lee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics, has died, a Samsung statement said Sunday, Oct. 25, 2020. He was 78. (AP Photo/Schalk van Zuydam, File)
October 24, 2020 - 9:17 pm
SEOUL, South Korea (AP) — Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics, has died. He was 78. A Samsung statement said Lee died on Sunday with his family members, including his son and de facto company...
Read More
Acting Assistant Attorney General Brian Rabbitt, of the Justice Department's Criminal Division and other officials, speak, Thursday, Oct. 22, 2020, at the Justice Department in Washington. A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2 billion in a foreign corruption probe tied to the Malaysian 1MDB sovereign wealth fund, which was looted of billions of dollars in a corruption scandal. The company, Goldman Sachs Malaysia, entered the plea in federal court in Brooklyn. (Yuri Gripas/The New York Times via AP, Pool)
October 22, 2020 - 4:49 pm
WASHINGTON (AP) — A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2.9 billion in a foreign corruption probe tied to the Malaysian 1MDB sovereign wealth fund, which was looted of billions of dollars in a corruption scandal. In addition, several current and...
Read More
This Wednesday, Oct. 21, 2020 photo shows Purdue Pharma headquarters in Stamford, Conn. The Justice Department says on Wednesday, Purdue Pharma, the company that makes OxyContin, will plead guilty to three federal criminal charges as part of a settlement of more than $8 billion. OxyContin is the powerful prescription painkiller that experts say helped touch off an opioid epidemic. (AP Photo/Mark Lennihan)
October 21, 2020 - 3:00 pm
WASHINGTON (AP) — Drugmaker Purdue Pharma, the company behind the powerful prescription painkiller OxyContin that experts say helped touch off an opioid epidemic, will plead guilty to federal criminal charges as part of a settlement of more than $8 billion, the Justice Department announced...
Read More
Robert and Dorothy Brockman attend an intimate al fresco dinner celebrating the Rice University groundbreaking of James Turrell's Rice University Skyspace project at the home of Phoebe and Bobby Tudor, Tuesday evening, May 17, 2011, in Houston. Federal prosecutors have charged Texas billionaire Robert Brockman in a $2 billion tax fraud scheme that they say is the largest such case against an American. (Dave Rossman/Houston Chronicle via AP)
October 15, 2020 - 5:58 pm
SAN FRANCISCO (AP) — Federal prosecutors charged Texas billionaire Robert Brockman on Thursday with a $2 billion tax fraud scheme in what they say is the largest such case against an American. Department of Justice officials said at a news conference that Brockman, 79, hid capital gains income over...
Read More
A person wearing a face mask to try to stop the spread of coronavirus walks across London Bridge, with Tower Bridge in the background, at sunrise in London, Monday, Oct. 12, 2020. In response to the coronavirus' resurgence, British Prime Minister Boris Johnson is expected to announce in Parliament on Monday a three-tier local lockdown system, formally known as "Local COVID Alert Levels," for England, his office said. (AP Photo/Matt Dunham)
October 13, 2020 - 1:37 am
BERLIN (AP) — An anti-corruption watchdog on Tuesday ranked the United States and United Kingdom as the largest exporters most active at enforcing rules meant to prohibit companies from paying bribes in foreign markets, but said many others are doing next to nothing. Berlin-based Transparency...
Read More
October 05, 2020 - 2:05 pm
BOSTON (AP) — A former tech executive was sentenced Monday to one year of home confinement for paying $300,000 to bribe his son's way into Georgetown University as a tennis recruit, even though the son did not play tennis. Peter Dameris, of Pacific Palisades, California, appeared before a Boston...
Read More
September 29, 2020 - 6:45 am
MADRID (AP) — Spain’s National Court has acquitted 34 people who were tried over the stock market listing of financial firm Bankia, including former International Monetary Fund chief Rodrigo Rato. Rato, who is serving a 4 1/2-year prison sentence for a separate case involving the misuse of Bankia's...
Read More
FILE - In this Sept. 15, 2020, file photo, former Nissan Motor Co. executive Greg Kelly arrives for the first trial hearing at the Tokyo District Court in Tokyo. A Nissan employee testified Tuesday, Sept. 29, 2020 that he worked with another former Nissan executive, American Greg Kelly to find ways to pay the automaker's former chairman, Carlos Ghosn without fully disclosing his compensation. (Kiyoshi Ota/Pool Photo via AP, File)
September 28, 2020 - 11:16 pm
TOKYO (AP) — A Nissan employee testified Tuesday that he worked with another former Nissan executive, American Greg Kelly to find ways to pay the automaker's former chairman, Carlos Ghosn without fully disclosing his compensation. Toshiaki Ohnuma, a star witnesses for the prosecution, described to...
Read More

Pages