Corporate crime

A woman looks at an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Wednesday, Dec. 5, 2018. Shares were moderately lower in Asia on Wednesday following a bloodletting on Wall Street as goodwill generated by a truce between the U.S. and China over trade evaporated in confusion over exactly what the two sides had agreed upon. (AP Photo/Vincent Yu)
December 06, 2018 - 1:28 am
TOKYO (AP) — World financial markets took a fresh hit Thursday following the arrest of a senior official at Chinese telecoms equipment maker Huawei that could hinder progress in China-U.S. trade talks. KEEPING SCORE: The DAX in Germany fell 1.6 percent to 11,024.04 and France's CAC 40 dropped 1.5...
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FILE - In this July 4, 2018, file photo, a shopper walks past a Huawei store at a shopping mall in Beijing. Canadian authorities said Wednesday, Dec. 5, 2018, that they have arrested the chief financial officer of China's Huawei Technologies for possible extradition to the United States. (AP Photo/Mark Schiefelbein, File)
December 05, 2018 - 9:12 pm
TORONTO (AP) — Canadian authorities said Wednesday that they have arrested the chief financial officer of China's Huawei Technologies for possible extradition to the United States. China demanded her immediate release, and a former Canadian envoy to China warned the case might lead to retaliation...
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A woman looks at an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Wednesday, Dec. 5, 2018. Shares were moderately lower in Asia on Wednesday following a bloodletting on Wall Street as goodwill generated by a truce between the U.S. and China over trade evaporated in confusion over exactly what the two sides had agreed upon. (AP Photo/Vincent Yu)
December 05, 2018 - 8:29 pm
TOKYO (AP) — Asian stock prices skidded Thursday following the arrest of a senior official at Chinese telecoms equipment maker Huawei that could derail progress in China-U.S. trade talks. KEEPING SCORE: Hong Kong's Hang Seng index tumbled 2.6 percent to 26,117.28 and Japan's benchmark Nikkei 225...
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In this courtroom drawing, Assistant U.S. Attorney Douglas Zolkind, standing, addresses cooperating witness Cheikh Gadio, far right, during Hong Kong businessman Dr. Chi Ping Patrick Ho's bribery trial in New York, Wednesday, Nov. 28, 2018. Seated at far left is the defendant, Dr. Chi Ping Patrick Ho. On the bench is Judge Loretta Preska. The photo on the monitor shows the defendant and the President of Chad, Idriss Deby, taken during a meeting. (Elizabeth Williams via AP)
December 05, 2018 - 11:49 am
NEW YORK (AP) — A federal jury in New York convicted a Hong Kong businessman Wednesday of bribing the presidents of two African nations to secure oil rights for a Chinese energy conglomerate. Dr. Chi Ping Patrick Ho was found guilty of seven of eight counts, including conspiracy, money laundering...
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November 30, 2018 - 1:56 am
TOKYO (AP) — A Japanese court confirmed Friday that it has approved extending the detention of former Nissan chairman Carlos Ghosn for 10 more days. The Tokyo District Court said it approved prosecutors' request to keep Ghosn until Dec. 10 for further investigation into his financial irregularities...
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November 29, 2018 - 4:41 pm
LAS VEGAS (AP) — A 79-year-old former head of a Las Vegas and Tokyo investment firm is facing the rest of his life in a U.S. prison after a jury in Nevada found him guilty of bilking thousands of Japanese victims in what prosecutors called a $1.5 billion international Ponzi scheme. Edwin Fujinaga...
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November 29, 2018 - 2:44 am
RIO DE JANEIRO (AP) — The governor of the state of Rio de Janeiro has been arrested for allegedly receiving bribes. Gov. Luiz Fernando Pezao was taken into custody by federal police at the governor's palace early Thursday. A statement by police said operation "Wolf's Mouth" was focused on alleged...
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FILE - In this May 24, 2015, file photo, chairman and CEO of Renault-Nissan Carlos Ghosn, center, arrives prior to the start of the Formula One Grand Prix, at the Monaco racetrack. A trailblazer and visionary in the auto industry, Carlos Ghosn is also a highflyer prone to excesses that may have helped bring on his surprise downfall as head of the world’s best-selling auto group. Ghosn was arrested last week in Japan for allegedly falsifying financial reports and misusing funds at Nissan Motor Co. It was a stunning reversal for the industry icon. (AP Photo/Claude Paris, File)
November 26, 2018 - 5:40 am
PARIS (AP) — A trailblazer and visionary in the auto industry, Carlos Ghosn is also a highflyer prone to excesses that may have helped bring on his surprise downfall as head of the world's best-selling auto group. Ghosn turned around France's Renault SA and then Japan's Nissan Motor Co., eventually...
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France's Finance Minister Bruno Le Maire, left, welcomes Japan's Economy, Trade and Industry Minister Hiroshige Seko prior to a meeting in Paris, France, Thursday, Nov. 22, 2018. Nissan's board will meet Thursday to decide whether to dismiss its chairman Carlos Ghosn following his arrest on suspicion of underreporting his income(AP Photo/Michel Euler)
November 22, 2018 - 8:48 am
TOKYO (AP) — The Latest on Japanese automaker Nissan Motor Co.'s chairman Carlos Ghosn and allegations of financial violations against him (all times local): 1:45 a.m. The economy ministers of Japan and France say they're committed to the alliance between carmakers Nissan and Renault despite the...
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People walk by Nissan Motor Co. Global Headquarters in Yokohama near Tokyo Thursday, Nov. 22, 2018. Nissan's board of directors will meet Thursday to decide whether to dismiss its chairman Carlos Ghosn following his arrest on suspicion of underreporting his income. (AP Photo/Eugene Hoshiko)
November 22, 2018 - 6:03 am
TOKYO (AP) — Nissan Motor Co. fired Carlos Ghosn as chairman Thursday in a dramatic end to the powerful executive's nearly two decade long reign at the Japanese automaker after his arrest for alleged financial improprieties. In an hours-long meeting, the company's board of directors voted...
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