Corporate crime

File---Picture taken June 24, 2020 shows the Wirecard logo at the headquarters of the payment service provider in Aschheim, Germany. (Sven Hoppe/picture-alliance/dpa via AP, file)
July 01, 2020 - 5:04 am
BERLIN (AP) — Investigators searched the headquarters of German payment systems provider Wirecard and four other locations Wednesday as part of their probe of an accounting scandal that led to the arrest of the company's longtime CEO and forced the firm to file for bankruptcy protection. Twelve...
Read More
FILE - In this Thursday, April 25, 2019 file photo, Markus Braun, CEO of financial services company wirecard, attends the earnings press conference in Munich, Germany. Prosecutors in Germany say that the former CEO of the payments company Wirecard has been arrested in an accounting scandal that centers on a missing sum of 1.9 billion euros, or 2.1 billion dollars. Markus Braun resigned on Friday after the company disclosed that auditors couldn't find accounts containing the money.(AP Photo/Matthias Schrader, file)
June 25, 2020 - 8:40 am
FRANKFURT, Germany (AP) — An accounting scandal at one of Germany’s fastest-growing blue-chip companies has raised doubts about the national financial watchdog and, coming on top of other high-profile cases of fraud, led to questions about the country’s ability to oversee its corporate titans. Some...
Read More
FILE - In this Thursday, April 25, 2019 file photo, Markus Braun, CEO of financial services company wirecard, attends the earnings press conference in Munich, Germany. Prosecutors in Germany say that the former CEO of the payments company Wirecard has been arrested in an accounting scandal that centers on a missing sum of 1.9 billion euros, or 2.1 billion dollars. Markus Braun resigned on Friday after the company disclosed that auditors couldn't find accounts containing the money. (AP Photo/Matthias Schrader, file)
June 23, 2020 - 7:25 am
BERLIN (AP) — The former CEO of German payment service provider Wirecard has been arrested, accused of inflating the company's balance sheet in an accounting scandal that centers on a missing sum of 1.9 billion euros ($2.1 billion), prosecutors in Munich said Tuesday. Markus Braun resigned on...
Read More
The Supreme Court is seen in Washington, early Monday, June 15, 2020. (AP Photo/J. Scott Applewhite)
June 22, 2020 - 10:24 am
WASHINGTON (AP) — The Supreme Court on Monday preserved an important tool used by securities regulators to recoup ill-gotten gains in fraud cases. By an 8-1 vote, the justices ruled that the Securities and Exchange Commission can seek to recover the money through a process called disgorgement. Last...
Read More
FILE - In this Nov. 6. 2018, file photo, Democratic congressional candidate Nate McMurray makes his concession speech following his loss to Republican incumbent Chris Collins who was re-elected to New York's 27th Congressional District, in Hamburg N.Y. The special election in the Republican-leaning district pits state Sen. Chris Jacobs, a wealthy developer, against Democrat Nate McMurray, a former town supervisor who lost to Collins by about 2,500 votes two years ago.(AP Photo/Jeffrey T. Barnes, FIle)
June 20, 2020 - 10:19 am
BUFFALO, N.Y. (AP) — The U.S. House district once represented by Chris Collins is on two separate ballots Tuesday in a special election to fill out the convicted former congressional member's fourth term and in a Republican primary for the GOP line in November’s general election. The unusual...
Read More
In this picture taken on Thursday, June 11, 2020, Viktor Babariko, candidate presidential elections and the former head of Belgazprombank, speaks to media during a news conference in Minsk, Belarus. Belarusian authorities have taken control of a Russia-owned commercial bank that was led by a man who is now running to challenge Belarus’ authoritarian president. President Alexander Lukashenko, who is seeking a sixth term in the Aug. 9 election, has accused Belgazprombank chief executive Viktor Babariko of corruption and called him a “scoundrel.” (AP Photo/Sergei Grits)
June 18, 2020 - 3:34 pm
Belarusian authorities on Thursday detained the former head of a Russia-owned commercial bank who has emerged as the top challenger to Belarus’ authoritarian leader in the August election, a move that drew thousands of protesters to the streets. President Alexander Lukashenko, who is seeking a...
Read More
Elderly residents wearing masks to curb the spread of the coronavirus wait at a bus stop with a map of Beijing near a neighborhood under lockdown in Beijing Tuesday, June 16, 2020. Chinese authorities locked down a third neighborhood in Beijing on Tuesday as they rushed to prevent the spread of a new coronavirus outbreak that has infected more than 100 people in a country that appeared to have largely contained the virus. (AP Photo/Ng Han Guan)
June 16, 2020 - 10:58 pm
WELLINGTON, New Zealand — New Zealand Prime Minister Jacinda Ardern has assigned a top military leader to oversee the nation’s border quarantine measures after what she described as an “unacceptable failure” by health officials in allowing two women who had recently returned from London to leave...
Read More
FILE - In this Dec. 3, 2018, file photo, a vehicle rests in front of a home leveled by the Camp Fire in Paradise, Calif. A grand jury investigation into the 2018 wildfire that killed 85 people in Northern California, wiping out a town, found that Pacific Gas & Electric repeatedly ignored warnings about its failing power lines in the area, performed inadequate inspections and ignored pleas from employees about deteriorating equipment. (AP Photo/Noah Berger, File)
June 16, 2020 - 7:03 pm
SAN FRANCISCO (AP) — A scathing grand jury report released Tuesday after a 2018 Northern California wildfire killed 85 people found that Pacific Gas & Electric officials repeatedly ignored warnings about its failing power lines, performed inadequate inspections to focus on profits and refused...
Read More
Paul Whelan, a former U.S. marine who was arrested for alleged spying, listens to the verdict in a courtroom at the Moscow City Court in Moscow, Russia, Monday, June 15, 2020. The Moscow City Court on Monday convicted Paul Whelan on charges of espionage and sentenced him to 16 years in maximum security prison colony. Whelan has insisted on his innocence, saying he was set up. The U.S. Embassy has denounced Whelan's trial as unfair, pointing that no evidence has been provided. (Sofia Sandurskaya, Moscow News Agency photo via AP)
June 15, 2020 - 11:13 am
MOSCOW (AP) — A Russian court convicted an American corporate security executive Monday of espionage and sentenced him to 16 years in prison after a closed trial that the U.S. denounced as a “mockery of justice,” and it angrily said his treatment in jail was “appalling.” Paul Whelan, a former...
Read More
June 09, 2020 - 7:54 pm
SAN FRANCISCO (AP) — The president of a Silicon Valley medical technology company was charged Tuesday with misleading investors by falsely claiming the company had developed a government-approved blood test for the new coronavirus — the first criminal securities fraud prosecution related to the...
Read More

Pages