Corporate crime

FILE - In this Dec. 3, 2012, file photo, Chinese real estate mogul Ren Zhiqiang poses for photos in his office in Beijing. Ren, former chairman of a state-owned real estate company who publicly criticized Chinese President Xi Jinping’s handling of the coronavirus pandemic has been expelled from the ruling Communist Party and will be prosecuted on corruption charges, the party announced Friday, July 24, 2020. (Color China Photo via AP)
July 24, 2020 - 1:40 am
BEIJING (AP) — The former chairman of a state-owned real estate company who publicly criticized President Xi Jinping’s handling of the coronavirus pandemic has been expelled from the ruling Communist Party and will be prosecuted on corruption charges, the party announced Friday. Ren Zhiqiang, who...
Read More
This undated photo provided by his campaign, shows New York state Sen. Chris Jacobs, one of four candidates running for NY Congressional District 27, in Buffalo, NY. Convicted Congressman Chris Collins' former New York district is on two separate ballots Tuesday, June 23, 2020. (Courtesy Chris Jacobs via AP)
July 21, 2020 - 10:38 am
WASHINGTON (AP) — Republican Chris Jacobs of upstate New York became the newest House member on Tuesday, taking the oath of office to fill the unexpired term of a lawmaker who left Congress after pleading guilty to federal insider trading charges. Jacobs, who has been a state senator, had the...
Read More
July 09, 2020 - 10:42 am
LONDON (AP) — Privacy watchdogs in Britain and Australia have opened a joint investigation into facial recognition company Clearview AI over its use of personal data “scraped” off social media platforms and other websites. Thursday's announcement by the U.K.'s Information Commissioner’s Office and...
Read More
July 08, 2020 - 10:08 am
Former Nissan Motor Co. Chairman Carlos Ghosn wired more than $860,000 to a company linked to one of the men accused of helping smuggle him out of Japan in a box last year, prosecutors said in a new court filing. Prosecutors filed documents Tuesday detailing two wire transfers made by Ghosn in...
Read More
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

Pages