Corporate crime

April 24, 2019 - 10:31 pm
LAS VEGAS (AP) — A father and son from Japan can be freed from federal custody to live with relatives in a rented Las Vegas apartment pending trial on fraud charges in what prosecutors call a $1.5 billion international Ponzi scheme, a judge decided Wednesday. U.S. Magistrate Judge Cam Ferenbach...
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April 24, 2019 - 7:25 am
BEIJING (AP) — China's foreign ministry has complained the country is unfairly accused of stealing technology after a former General Electric Co. engineer and his Chinese business partner were charged with industrial spying. The foreign ministry said Wednesday that it had no details of the case...
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April 22, 2019 - 3:16 pm
NEW YORK (AP) — Jury selection began Monday in the trial of an aspiring agent and a former amateur coach charged with bribing big-school coaches to boost their business prospects with amateur basketball players. The trial of business manager Christian Dawkins and ex-amateur league director Merl...
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April 18, 2019 - 8:26 pm
LAS VEGAS (AP) — Two former investment executives from Japan pleaded not guilty in Las Vegas on Thursday to criminal fraud charges in what prosecutors have called a $1.5 billion international Ponzi scheme. Junzo Suzuki, 70, and his son, Paul Suzuki, 40, arrived in custody in the U.S. on Wednesday,...
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FILE - In this Jan. 19, 2017 file photo Martin Winterkorn, former CEO of the German car manufacturer 'Volkswagen', arrives for a questioning at an investigation committee of the German federal parliament in Berlin, Germany. (AP Photo/Michael Sohn, file)
April 15, 2019 - 7:46 am
FRANKFURT, Germany (AP) — German prosecutors have indicted former Volkswagen CEO Martin Winterkorn and four others on charges of fraud and unfair competition, saying he failed to prevent the manipulation of engine software that let Volkswagen cars cheat on diesel emission tests. Prosecutors in...
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April 10, 2019 - 6:03 pm
Recent editorials from South Carolina newspapers: April 9. The Post and Courier on selling reactor parts: Gov. Henry McMaster and lawmakers should demand that Santee Cooper and Westinghouse Electric Co. set aside their legal differences to take advantage of a time-sensitive chance to sell tens of...
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FILE-In this Tuesday, Feb. 21, 2017 file photo, investigator Heidi Laramie, of the N.H. Dept. of Corrections, shows a confiscated drug Suboxone, a oral narcotic film, which were found after a smuggling attempt at the New Hampshire State Prison in Concord, N.H. Federal prosecutors in Virginia filed fraud charges Tuesday, April 9, 2019 against Indivior, which makes Suboxone film strips that dissolve under the tongues of people addicted to opioids, easing their withdrawal symptoms. (AP Photo/Charles Krupa, File)
April 10, 2019 - 2:28 pm
RICHMOND, Va. (AP) — Shares in a British company that makes an opioid addiction-withdrawal drug lost about 70% of their value Wednesday after its executives were accused of lying about the product for years to boost profits. Federal prosecutors in Virginia filed fraud charges Tuesday against...
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FILE - In this May 20, 2015 file photo, Paul Murray of Santa Barbara, Calif., demonstrates with others outside Adelanto Detention Facility in Adelanto, Calif. For nearly eight years, Adelanto has joined with a private prison company and federal officials to run California's largest immigration detention facility. Now, the city of Adelanto is backing out of its contract to run the 1,900 bed facility amid complaints of shoddy conditions and inadequate medical care. But ending the deal won't necessarily shutter the center and rather, could pave the way for its expansion. (James Quigg/The Victor Valley Daily Press via AP, File)
April 08, 2019 - 7:59 pm
SANTA ANA, Calif. (AP) — A Southern California desert community has backed out of a contract for the state's largest immigration detention facility in a move that won't necessarily close its doors but rather could open them to an expansion. The city of Adelanto took steps late last month to end its...
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FILE - In this July 5, 2018 file photo, Cho Yang-ho, the chairman of Korean Air Lines Co., arrives for hearing to review the prosecution's request for an arrest warrant on charge of embezzlement at the Seoul Southern District Court in Seoul, South Korea. Korean Air says on Monday, April 8, 2019, its chairman, Cho Yang-ho, has died in the United States because of an unspecified illness. (AP Photo/Ahn Young-joon, File)
April 08, 2019 - 9:31 am
SEOUL, South Korea (AP) — Korean Air's chairman, whose leadership included scandals such as his daughter's infamous incident of "nut rage," has died due to illness, the company said Monday. Cho Yang-ho had been indicted on multiple charges, including embezzlement and tax evasion, and his death came...
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April 05, 2019 - 3:58 pm
BOSTON (AP) — In a story April 4 about universities cutting ties with the Chinese company Huawei, The Associated Press erroneously omitted the first name of the vice chancellor for research at the University of California, Berkeley. His name is Randy Howard Katz, not Howard Katz. A corrected...
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