Corporate crime

FILE - In this Monday, Jan. 14, 2019, file photo, Herbert Diess, CEO, Volkswagen AG, speaks during media previews for the North American International Auto Show in Detroit. German prosecutors say they have charged Volkswagen chief executive Herbert Diess and chairman Hans Dieter Poetsch, along with former CEO Martin Winterkorn, with market manipulation in connection with the diesel emissions scandal that erupted in 2015. (AP Photo/Paul Sancya)
September 24, 2019 - 6:25 am
BERLIN (AP) — The Latest on the charges brought against Volkswagen's bosses (all times local): 1:25 p.m. Volkswagen's board of directors is convening to discuss the next steps in light of indictments against current CEO Herbert Diess and board chairman Hans Dieter Poetsch on charges of securities...
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FILE - In this May 23, 2019, file photo former Nissan chairman Carlos Ghosn, center, arrives at Tokyo District Court for a pre-trial meeting in Tokyo. Nissan has agreed to pay $15 million and its former chairman Carlos Ghosn is paying $1 million to settle federal regulators' civil fraud charges of hiding from investors more than $140 million in compensation and retirement benefits for Ghosn. (Ren Onuma/Kyodo News via AP, File)
September 23, 2019 - 7:03 pm
WASHINGTON (AP) — Nissan will pay $15 million and former chairman Carlos Ghosn will pay $1 million to settle allegations by U.S. regulators that they hid more than $140 million of Ghosn's retirement benefits from investors. The Securities and Exchange Commission announced Monday the settlement of...
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September 23, 2019 - 3:23 pm
NEW YORK (AP) — An investment banker whose insider trading conviction was overturned by an appeals court was convicted again at a second trial Monday by a jury that reached a speedy verdict. The Yale-educated Sean Stewart, 38, of North Merrick, was convicted of charges including securities fraud...
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House Judiciary Committee Chairman Jerrold Nadler, D-N.Y., leads his panel to approve guidelines for impeachment investigation hearings on President Donald Trump, on Capitol Hill in Washington, Thursday, Sept. 12, 2019. (AP Photo/J. Scott Applewhite)
September 13, 2019 - 4:40 pm
WASHINGTON (AP) — Lawmakers investigating the market dominance of Big Tech on Friday asked Google, Facebook, Amazon and Apple for a broad range of documents, marking a step forward in Congress' bipartisan probe of the companies. Letters went out to the four companies from the leaders of the House...
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FILE - In this Oct. 18, 2018 file photo the StarKist offices are seen on the North Shore of Pittsburgh. A federal judge in San Francisco on Wednesday, Sept. 11, 2019, ordered StarKist Co. to pay a $100 million fine in a canned tuna price-fixing conspiracy involving the industry's top three companies. (Stephanie Strasburg/Pittsburgh Post-Gazette via AP, File)
September 11, 2019 - 6:50 pm
SAN FRANCISCO (AP) — A federal judge in San Francisco on Wednesday ordered StarKist Co. to pay a $100 million fine in a canned tuna price-fixing conspiracy involving the industry's top three companies. The Pittsburgh, Pennsylvania-based company was also sentenced to 13 months of probation. The Tuna...
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September 05, 2019 - 4:51 pm
WASHINGTON (AP) — Two men from Italy and Russia have been charged with trying to steal trade secrets from an American aviation company, U.S. prosecutors said Thursday. The Justice Department unsealed a criminal complaint Thursday accusing the two of plotting to steal intellectual property,...
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September 04, 2019 - 6:36 pm
ANNAPOLIS, Md. (AP) — A real estate company once run by President Donald Trump's son-in-law has rejected a settlement offer from Maryland's attorney general in a long-running investigation into the treatment of tenants, the president of the company said Wednesday. Laurent Morali, president of the...
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FILE - In this July 16, 2019, file photo, a man walks across the street from a Capital One location in San Francisco. Federal prosecutors say Paige Thompson, the woman accused of hacking Capital One and at least 30 other organizations, is a threat to herself and society, a flight risk and should be kept locked up until her trial. Prosecutors are expected to make their argument for detaining Thompson at a hearing Friday, Aug. 23 in Seattle. Prosecutors say the former software engineer has a history of stalking and threatening to kill people and to get herself killed by police. Her lawyers denied that she is violent. (AP Photo/Jeff Chiu, File)
August 29, 2019 - 4:54 pm
SEATTLE (AP) — A former Amazon software engineer arrested last month on charges she hacked into Capital One bank and more than 30 different companies has been indicted by a federal grand jury on charges she not only broke into the company's computer system, but also stole computing power for her...
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South Korean Chief Justice of the Supreme Court Kim Myeong-su, top center, sits with other justices upon their arrival at the Supreme Court in Seoul, South Korea, Thursday, Aug. 29, 2019. South Korea's top court on Thursday sent back jailed ex-President Park Geun-hye's corruption case to a lower court for separate trials for her previously convicted charges, a ruling that could increase her already-lengthy prison term. (Yonhap via AP)
August 29, 2019 - 3:55 am
SEOUL, South Korea (AP) — South Korea's top court on Thursday sent back jailed ex-President Park Geun-hye's corruption case to a lower court for separate trials on the charges on which she was convicted, a ruling that could increase her already-lengthy prison term. The Supreme Court also ordered...
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FILE - In this June 26, 2018, file photo the General Electric logo appears above a trading post on the floor of the New York Stock Exchange. General Electric’s stock is tanking after a report which claims the company has been misleading investors. Investigator Harry Markopolos accused GE Thursday, Aug. 15, of engaging in accounting fraud worth $38 billion. He said GE is heading for bankruptcy and is hiding $29 billion in long-term care losses. (AP Photo/Richard Drew, File)
August 15, 2019 - 3:17 pm
NEW YORK (AP) — A whistleblower who warned regulators about Bernard Madoff's Ponzi scheme is now accusing General Electric of misleading investors, sending the company's stock on a downward spiral. Investigator Harry Markopolos accused GE on Thursday of engaging in accounting fraud worth $38...
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