Corporate crime

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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Cars are seen during an opening ceremony of the Mercedes Benz automobile assembly plant outside Moscow, Russia, Wednesday, April 3, 2019. Germany's Daimler AG has opened a new Mercedes factory in Russia, part of a 250 million euro ($281 million) investment it says will create 1,000 jobs. (AP Photo/Pavel Golovkin, Pool)
April 05, 2019 - 10:11 am
BRUSSELS (AP) — European Union authorities said Friday that German automakers BMW, Daimler and Volkswagen colluded to limit the development of emissions-cleaning technology in cars. The finding adds to the car industry's woes after Volkswagen in 2015 admitted to cheating on emissions tests in the U...
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FILE - In this Jan. 30, 2019, file photo, Insys Therapeutics founder John Kapoor leaves federal court in Boston. He is one of four former company executives accused of scheming to bribe doctors into prescribing a powerful fentanyl painkiller. Lawyers are delivering their closing arguments Thursday, April 4, 2019, in the trial. (AP Photo/Steven Senne, File)
April 04, 2019 - 6:13 pm
BOSTON (AP) — In a scheme to get doctors to write prescriptions in exchange for cash, a wealthy drug company founder put patients at risk to guarantee his business' success, a federal prosecutor told jurors Thursday in his closing arguments in the closely-watched trial. Meanwhile, an attorney for...
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This image provided by the U.S. Marshals Service shows part of the wanted poster for Frederick Darren Berg. Federal agents believe Berg, the man who masterminded a $100 million Ponzi scheme and escaped from a federal prison in California, may have fled to South America. Court records reviewed by The Associated Press detail the investigation into the 2017 escape of Berg. The documents say the U.S. Marshals Service has named Berg’s former boyfriend, Darrell Ray Blankenship, as a “person of interest” in connection with the escape. Blankenship has not been charged with a crime. (U.S. Marshals Service via AP)
April 04, 2019 - 6:11 pm
WASHINGTON (AP) — A man who masterminded a $100 million Ponzi scheme and escaped from a federal prison in California may have fled to South America and federal officials have named his boyfriend as a person of interest in the case, according to court records reviewed by The Associated Press on...
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Former Nissan Chairman Carlos Ghosn, center, leaves his lawyer's office in Tokyo, Wednesday, April 3, 2019. Ghosn, facing financial misconduct charges in Japan, says he will hold a news conference on April 11. (Sadayuki Goto/Kyodo News via AP)
April 03, 2019 - 7:07 am
TOKYO (AP) — Former Nissan Chairman Carlos Ghosn, facing financial misconduct charges in Japan, says he will hold a news conference on April 11. Ghosn said Wednesday on his new verified Twitter account that "I'm getting ready to tell the truth about what's happening." Ghosn was arrested in November...
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Co-chairs of the Special Committee for Improving Governance, Seiichiro Nishioka, left, and Sadayuki Sakakibara, right, attend a press conference in Yokohama, near Tokyo Wednesday, March 27, 2019. Nissan’s committee, set up to strengthen corporate governance after the arrest of former Chairman Carlos Ghosn, is recommending the Japanese automaker add more independent outside directors on its board and better oversee compensation and auditing. (AP Photo/Eugene Hoshiko)
March 27, 2019 - 8:29 am
YOKOHAMA, Japan (AP) — A Nissan committee set up to strengthen corporate governance after the arrest of former Chairman Carlos Ghosn said Wednesday an investigation found he had wielded too much power and recommended the scandal-hit Japanese automaker add more independent outside directors to its...
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