the republic logo
rss feed
Stories with subject: Corporate crime
  • NY judge upholds charges against financier's kin 
    Updated: Apr-18-14 9:19 pm
  • NEW YORK - A judge has declined to toss out federal fraud charges against the brother of a one-time billionaire hedge fund founder, though she noted that two charges have flaws that the government must fix.

  • Former gov't informant charged with wire fraud 
    Updated: Apr-18-14 5:25 pm
  • CHICAGO - A Chicago real estate developer who was a key government witness in corruption cases is facing federal charges after authorities say he stole $370,000 from a Chicago suburb.

  • Marlborough firm accused of running Ponzi scheme 
    Updated: Apr-18-14 3:42 pm
  • BOSTON - Massachusetts authorities are trying to get money back for investors of Telexfree, a company accused of operating a pyramid scheme to bilk Brazilian immigrants in the Boston area.

  • Ga. woman sentenced in investment fraud scheme 
    Updated: Apr-18-14 4:05 am
  • AUGUSTA, Georgia - Federal prosecutors say an Augusta businesswoman has been sentenced to more than 23 years in prison in an investment fraud scheme.

  • Ex-investment adviser admits to fraud scheme 
    Updated: Apr-17-14 8:49 pm
  • MINNEAPOLIS - A 47-year-old investment adviser from northeastern Minnesota has pleaded guilty in federal court to defrauding 13 investors of nearly $6 million.

  • 2 ex-chiefs of Samarion Inc. face fraud charges 
    Updated: Apr-17-14 7:16 pm
  • JACKSON, Mississippi - Two former executives of a Madison County company have been indicted for intentionally misleading investors in Mississippi and Alabama about a monitoring system for nursing homes or other health care facilities that could help improve the overall care of patients, federal officials said Thursday.

  • Ex BP-employee settles US insider-trading charges 
    Updated: Apr-17-14 2:36 pm
  • WASHINGTON - A former BP employee who was a coordinator during the 2010 oil spill in the Gulf of Mexico has agreed to settle federal charges of using confidential information on the seriousness of the spill to profit illegally from trading in BP stock.

  • 2 ex-Anglo Irish Bank directors convicted of fraud 
    Updated: Apr-17-14 1:25 pm
  • DUBLIN - Two former executives of Anglo Irish Bank were found guilty Thursday of committing fraud in a loans-for-shares scandal - the first convictions to stem from a banking crisis that brought Ireland to the brink of national bankruptcy.

  • Va. man pleads guilty to bilking investors 
    Updated: Apr-17-14 11:34 am
  • HARRISONBURG, Virginia - A Harrisonburg man has pleaded guilty to charges of bilking more than $1 million from investors.

  • Man to plead guilty in Disney insider info case 
    Updated: Apr-16-14 8:55 pm
  • LOS ANGELES - A man will plead guilty to securities fraud and pay regulators around $801,000 for using insider information to profit from Disney's $4 billion acquisition of Marvel Entertainment in 2009.

  • Former Rothstein CFO charged in $1.2B Ponzi scheme 
    Updated: Apr-16-14 11:43 am
  • FORT LAUDERDALE, Florida - The former chief financial officer of convicted Ponzi schemer Scott Rothstein's law firm has been charged with conspiracy in the $1.2 billion fraud.

  • Former Rothstein CFO charged in $1.2B Ponzi scheme 
    Updated: Apr-16-14 11:40 am
  • FORT LAUDERDALE, Florida - The former chief financial officer of convicted Ponzi schemer Scott Rothstein's law firm has been charged with conspiracy in the $1.2 billion fraud.

  • Charlotte man pleads to stealing from employer 
    Updated: Apr-15-14 5:26 pm
  • CHARLOTTE, North Carolina - Federal prosecutors say a Charlotte man who was controller and later chief financial officer of a Mint Hill business has admitted to stealing about $4 million from his employer.

  • SW Idaho company officials convicted of fraud 
    Updated: Apr-15-14 11:43 am
  • BOISE, Idaho - A federal jury has convicted four officials at a failed southwest Idaho property management company of fraud for bilking investors out of billions of dollars.

  • Ex-Gore worker faces trade secret charges 
    Updated: Apr-14-14 2:05 pm
  • WILMINGTON, Delaware - A former W. L. Gore & Associates chemical engineer has been ordered released on bond pending trial on charges of trying to steal trade secrets from the Newark-based company.

  • Report: Glaxo bribed doctors in Poland 
    Updated: Apr-14-14 9:02 am
  • LONDON - The BBC reports that pharmaceutical company GlaxoSmithKline is accused of bribing doctors to prescribe medicines in Poland.

  • Former energy company executive denies theft 
    Updated: Apr-11-14 11:43 pm
  • SHERIDAN, Wyoming - A former Sheridan energy company executive accused of stealing more than $1 million in royalties has pleaded not guilty to seven felony charges.

  • Miss. man indicted in $9 million bankruptcy fraud 
    Updated: Apr-11-14 3:37 pm
  • JACKSON, Mississippi - A Jackson man was indicted Wednesday on charges that he defrauded his bankrupt business of more than $9 million.

  • State bars indicted energy companies from auctions 
    Updated: Apr-10-14 6:58 pm
  • LANSING, Michigan - The Michigan Department of Natural Resources has barred two energy companies under criminal indictment from participating in oil and gas lease auctions.

  • NY judge sentences SAC Capital in $1.8B fraud deal 
    Updated: Apr-10-14 2:46 pm
  • NEW YORK - The once high-flying hedge fund SAC Capital was sentenced on criminal fraud charges Thursday under a $1.8 billion deal that prosecutors say included the largest criminal fine ever imposed in an insider trading case.

  • New law gives more time for securities fraud cases 
    Updated: Apr-09-14 5:49 pm
  • MONTGOMERY, Alabama - The director of the Alabama Securities Commission expects a new state law to make it easier to prosecute securities fraud cases that take years for the crime to emerge.

  • Toyota, GM recalls push US to near-record pace 
    Updated: Apr-09-14 5:36 pm
  • DETROIT - Big U.S. recalls by General Motors and Toyota have put the auto industry on a record pace as companies try to avoid bad publicity and punishment from an increasingly aggressive government.

  • NJ men sentenced for roles in insider trading case 
    Updated: Apr-09-14 3:11 pm
  • NEWARK, New Jersey - Two New Jersey men who prosecutors say were primary players in a network that illegally traded on insider tips from pharmaceutical executives have been sentenced to prison.

  • Anderson clinic owner pleads guilty to tax evasion 
    Updated: Apr-08-14 9:22 am
  • INDIANAPOLIS - The former owner of a central Indiana dental clinic has been sentenced to two years in federal prison for not paying more than $850,000 in taxes.

  • Justice seeks to shut down Louisiana tax preparer 
    Updated: Apr-08-14 6:32 am
  • LAFAYETTE, Louisiana - The U.S. Department of Justice has asked a court to bar a New Iberia tax preparer and her business from preparing federal tax returns for others.