7th June 2019
AP — Authorities in El Salvador say ex-President Tony Saca has reached a deal to plead guilty to bribing a judicial official to leak information in a civil case against him. Prosecutors say in a legal document that Saca will face an abbreviated judicial process and be given a two-year… Read More
6th June 2019
Over $267 million has been seized from an account maintained for former Nigerian head-of-state Sani Abacha, according to the Bailiwick of Jersey. The funds, which have been transferred to Jersey’s Civil Asset Recovery Fund, were derived from corruption and laundered through the US banking system with aid of Abacha’s son… Read More
5th June 2019
AP — The owner of a contracting company has pleaded guilty to participating in a scheme that defrauded the government by receiving contracts intended for veterans and minorities. Forty-three-year-old Matthew McPherson, owner of Topeka-based McPherson Contractors, pleaded guilty Monday to conspiracy to commit wire fraud and major program fraud. Federal prosecutors… Read More
3rd June 2019
An accountant who once worked for the mastermind behind the U.S. college admissions cheating and bribery scandal has agreed to plead guilty and cooperate in the ongoing investigation, federal prosecutors said on Friday. Steven Masera, who served as the financial officer for the business operated by California college admissions consultant… Read More
31st May 2019
The former owner of UK-based ALCA Fasteners has pleaded guilty to bribing a purchasing manager to secure £12 million in contracts for the company, the Serious Fraud Office said Thursday. Carole Ann Hodson admitted to the scheme, which was conducted between 2011 and 2016, when she served as both the… Read More
31st May 2019
U.S. prosecutors are seeking to sell two luxury condominiums in New York City linked to fugitive financier Low Taek Jho, court documents showed, the latest effort to recover money allegedly stolen from Malaysia’s state fund 1MDB. Low, known as Jho Low, has been charged in Malaysia and the United States… Read More
29th May 2019
Romania’s Supreme Court upheld a three-and-a-half year prison sentence for graft against ruling Social Democrat Party leader Liviu Dragnea on Monday, one day after his party lost a European election to centrist groupings. Since coming to power in late 2016, the Social Democrats have steadily chipped away at the independence… Read More
28th May 2019
The board of Brazilian petrochemicals producer Braskem SA has approved an agreement with authorities to pay 410 million reais ($101 million) to settle its involvement in the ‘Car Wash’ corruption case, Braskem said on Monday in a filing. The sprawling corruption investigation known as Car Wash uncovered a web of… Read More
24th May 2019
A federal judge on Thursday sentenced a former Las Vegas medical billing company operator who prosecutors called the ringleader of a $1.5 billion Ponzi scheme that bilked thousands of Japanese residents to 50 years in prison. Edwin Fujinaga, 72, the former chief executive of MRI International Inc, was sentenced by… Read More
22nd May 2019
Mexico’s government will auction a Lamborghini, homes and other assets seized from gangsters and at least one former politician, officials said on Tuesday, part of a “Robin Hood” program to use millions of dollars in ill-gotten gains to aid the poor. The first auction, set for Sunday, will seek bids… Read More