Featured Embezzlement

U.S. charges China’s Huawei with bank fraud, stealing trade secrets

The United States on Monday charged China’s Huawei Technologies Co Ltd, its chief financial officer and two affiliates with bank and wire fraud to violate sanctions against Iran in a case that has escalated tensions with Beijing. In a 13-count indictment filed in New York, the Justice Department said Huawei… Read More

Israeli police say minister should be charged with fraud

AP — Israeli police on Tuesday recommended charges be brought against the interior minister in a major corruption case. Police spokesman Micky Rosenfeld said there is an “evidentiary basis” that Aryeh Deri committed fraud and breach of trust, as well as millions of shekels in tax offenses and money… Read More

Goldman Sachs bankers ‘cheated’ Malaysia over 1MDB: PM Mahathir

Malaysian Prime Minister Mahathir Mohamad said bankers at Goldman Sachs Group Inc (GS.N) “cheated” the country in dealings with state fund 1MDB and that U.S. authorities have promised to help return the fees the Wall Street bank earned from the fund. The U.S. investment bank has been under scrutiny for… Read More
12th November 2018
France’s tax administrators will start searching through social media accounts in early 2019, a pilot project in the fight against tax avoidance, Budget Minister Gerald Darmanin told weekly business TV show Capital. The idea is to identify potential frauds by analyzing publicly-available data on individuals’ social media accounts, Darmanin said,… Read More
8th November 2018
AP — British authorities on Wednesday extradited Ivica Todoric, the founder of a deeply indebted food and retail company, to Croatia in a case that has shaken the Balkans. A year after Todoric was detained in London on embezzlement charges, the 67-year-old landed in Zagreb on… Read More