Corporate crime

FILE - This combination of Sept. 27, 2012, file photos, show Jay Peak Resort co-owner Ariel Quiros, left, and Jay Peak Resort co-owner and CEO Bill Stenger at a news conference in Newport, Vt.  Fraud charges were filed Wednesday, May 22, 2019, against former Jay Peak owner Ariel Quiros, of Florida, and former president, William Stenger, of Newport. The pair are accused in a multimillion-dollar fraud case on multiple federal charges over a failed plan to build a biotech facility using foreign investors' money. (Robin Smith/Caledonian-Record via AP, File)
May 22, 2019 - 12:09 pm
BURLINGTON, Vt. (AP) — The former owner and former president of a Vermont ski resort accused in a multimillion-dollar fraud case have been indicted on multiple federal charges over a failed plan to build a biotechnology plant using foreign investors' money. The fraud charges against former Jay Peak...
Read More
May 14, 2019 - 2:22 am
TOKYO (AP) — Japanese automaker Nissan, reeling from the arrest of its former chairman, Carlos Ghosn, has seen annual profit nose-dive to less than half of what it earned in the previous year. It's forecasting even dimmer results going forward. Nissan Motor Co. reported Tuesday that its profit for...
Read More
May 13, 2019 - 3:36 pm
NEW YORK (AP) — A businessman described by prosecutors as the "gravitational center" of a conspiracy to bribe New York police officers in one of the worst scandals to hit the department in recent decades was sentenced to four years in prison Monday. Jeremy Reichberg, 45, was also fined $50,000 for...
Read More
Actress Felicity Huffman arrives with her brother Moore Huffman Jr., at federal court Monday, May 13, 2019, in Boston, where she is scheduled to plead guilty to charges in a nationwide college admissions bribery scandal. (AP Photo/Steven Senne)
May 13, 2019 - 12:17 pm
BOSTON (AP) — The Latest on the plea of actress Felicity Huffman in the college admissions bribery scheme (all times local): 3:15 p.m. A California businessman has pleaded guilty to paying $250,000 in bribes to get his son into the University of Southern California as a fake water polo recruit...
Read More
May 10, 2019 - 3:50 am
NASHVILLE, Tenn. (AP) — Four Tennessee pain management clinics have abruptly closed amid state and federal health insurance fraud investigations. The Tennessean reports the clinics formerly with PainMD and rebranded under the name Rinova officially closed Wednesday. Federal authorities last year...
Read More
May 09, 2019 - 4:38 pm
LAS VEGAS (AP) — A federal judge reversed a magistrate's decision and ordered a father and son from Japan to remain jailed pending trial on fraud charges in what prosecutors call a $1.5 billion international Ponzi scheme. Attorney Richard Wright, representing former MRI International Inc...
Read More
Huawei Chief Financial Officer Meng Wanzhou, back right, who is out on bail and remains under partial house arrest after she was detained Dec. 1 at the behest of American authorities, is accompanied by a private security detail as she leaves her home to attend a court appearance in Vancouver, British Columbia, Wednesday, May 8, 2019. (Darryl Dyck/The Canadian Press via AP)
May 08, 2019 - 12:31 pm
VANCOUVER, British Columbia (AP) — The lawyer for a senior executive of Chinese tech giant Huawei who was arrested in Canada on a U.S. extradition warrant said Wednesday he'll try to prevent the case from going ahead by arguing that comments by President Donald Trump suggest the case against her is...
Read More
FILE - This Jan. 28, 2015, file photo, shows the Federal Trade Commission building in Washington. Federal privacy regulators are under scrutiny in Congress as they negotiate a record fine with Facebook to punish the company for alleged violations of its users' privacy. (AP Photo/Alex Brandon, File)
May 08, 2019 - 12:40 am
WASHINGTON (AP) — Federal privacy regulators are under scrutiny in Congress as they negotiate a record fine with Facebook to punish the company for alleged violations of its users' privacy. The Federal Trade Commission is considering a rare action holding CEO Mark Zuckerberg personally accountable...
Read More
FILE - In this Thursday, Oct. 4, 2018 file photo, Britain's Defence Minister Gavin Williamson stands in the main chamber during a gathering of NATO defence ministers at NATO headquarters in Brussels. British Defense Secretary Gavin Williamson has been fired Wednesday, May 1, 2019 after an investigation into leaks from a secret government meeting about Chinese telecoms firm Huawei. Prime Minister Theresa May's office says May has "lost confidence" in Williamson. (AP Photo/Francisco Seco, file)
May 04, 2019 - 10:21 am
LONDON (AP) — The leak of details from a secret U.K. government discussion about Chinese telecommunications company Huawei doesn't amount to a crime, London's Metropolitan Police force said Saturday. Assistant Commissioner Neil Basu said he was satisfied the disclosure from a National Security...
Read More
FILE - In this Jan. 30, 2019, file photo, Insys Therapeutics founder John Kapoor leaves federal court in Boston. On Thursday, May 2, 2019, Kapoor was found guilty in a scheme to bribe doctors to boost sales of a highly addictive fentanyl spray meant for cancer patients with severe pain. (AP Photo/Steven Senne, File)
May 02, 2019 - 6:24 pm
BOSTON (AP) — A pharmaceutical company founder accused of paying doctors millions in bribes to prescribe a highly addictive fentanyl spray was convicted Thursday in a case that exposed such marketing tactics as using a stripper-turned-sales-rep to give a physician a lap dance. John Kapoor, the 76-...
Read More

Pages