Corporate crime

August 15, 2019 - 11:54 am
NEW YORK (AP) — General Electric's stock is tanking after the release of a report claiming the company has been misleading investors. Investigator Harry Markopolos accused GE Thursday of engaging in accounting fraud worth $38 billion. He said GE is heading for bankruptcy and is hiding $29 billion...
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Canada's Prime Minister Justin Trudeau addresses supporters during a Liberal Party fundraiser in Surrey, British Columbia, Sunday, Aug. 4, 2019. (Darryl Dyck/The Canadian Press via AP)
August 14, 2019 - 4:52 pm
TORONTO (AP) — Canada's ethics commissioner said Wednesday that Prime Minister Justin Trudeau improperly pressured a former attorney general to halt the criminal prosecution of a company, a development that could imperil his re-election chances. The report comes just before the official start of...
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FILE - In this Aug. 26, 2006, file photo, former Baltimore Orioles baseball player Doug DeCinces smiles after being inducted into the Orioles Hall of Fame during a ceremony in Baltimore. DeCinces has been sentenced to eight months of home detention and ordered to pay a $10,000 fine for his role in an insider-trading scheme. (AP Photo/Gail Burton, File)
August 13, 2019 - 2:48 pm
SANTA ANA, Calif. (AP) — Former Major League Baseball player Doug DeCinces was sentenced to eight months of home detention and ordered to pay a $10,000 fine for his role in an insider-trading scheme, a newspaper reported. DeCinces, who played third base for the California Angels and Baltimore...
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FILE - In this Aug. 1, 2018, file photo, Cody Wilson, with Defense Distributed, holds a 3D-printed gun called the Liberator at his shop, in Austin, Texas. On Friday, Aug. 9, 2019, Wilson, who sparked a nationwide legal fight over the constitutionality of firearms made with a 3D printer, pleaded guilty to having sex with an underage girl. (AP Photo/Eric Gay, File)
August 09, 2019 - 3:02 pm
AUSTIN, Texas (AP) — The founder of a Texas company that sells plans for making untraceable 3D printed guns pleaded guilty Friday to having sex with an underage girl. Travis County Assistant District Attorney Joe Frederick said Cody Wilson pleaded guilty to a lesser charge of injury to a child...
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August 05, 2019 - 5:22 pm
RALEIGH, N.C. (AP) — A former medical technology executive accused of stealing more than $5 million from his firm has been sentenced to up to 16 years in prison. Forty-four-year-old Hugh Johnson II was sentenced Monday after pleading guilty to eight counts of obtaining property by false pretenses...
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August 02, 2019 - 9:22 pm
OAKLAND, Calif. (AP) — A man who made millions in insider trading involving the Ross Dress for Less store chain has been sentenced to 2 ½ years in federal prison. A judge in Oakland sentenced Saleem Khan on Friday. He pleaded guilty in January to conspiracy and securities fraud. In the plea...
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FILE - In this May 8, 2009 file photo, Liu Zhongtian, the Chinese billionaire chairman of the China Zhongwang Holdings Limited, celebrates at the company's listing ceremony in the Hong Kong Stock Exchange. Liu has been charged in Los Angeles in a complex scheme to avoid $1.8 billion in aluminum tariffs, U.S. prosecutors said, Wednesday, July 31, 2019. Liu and the aluminum company he previously headed, were charged with conspiracy, wire fraud and money laundering. (AP Photo/File)
July 31, 2019 - 4:45 pm
LOS ANGELES (AP) — A Chinese billionaire has been charged in Los Angeles in a complex scheme to avoid $1.8 billion in aluminum tariffs, federal prosecutors announced Wednesday. Zhongtian Liu, the founder of China Zhongwang Holdings Limited, and the aluminum company he previously headed, were...
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HOLD FOR STORY - FILE - In this July 10, 2019, file photo, Yazmin Juarez, is sworn in by a photo of her holding her daughter Mariee, 1, who died after being released from detention by U.S. Immigration and Customs Enforcement (ICE), at the start of a House Oversight subcommittee hearing on Civil Rights and Civil Liberties on treatment of immigrant children at the southern border on Capitol Hill in Washington. Juárez, the mother of a 1-year-old daughter who died weeks after being released from immigration detention center, is suing the private prison company that operates the facility. Lawyers for Yazmin Juarez filed a federal lawsuit Wednesday, July 31, 2019, against the company CoreCivic. (AP Photo/Jacquelyn Martin, File)
July 31, 2019 - 4:14 pm
HOUSTON (AP) — A woman whose 1-year-old daughter died weeks after they were released from an immigration detention center in Texas filed a lawsuit Wednesday against the private prison company that operates the facility. Lawyers for Yazmin Juárez are demanding $40 million from CoreCivic in the...
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FILE - In this April 10, 2018, file photo Facebook CEO Mark Zuckerberg takes his seat to testify before a joint hearing of the Commerce and Judiciary Committees on Capitol Hill in Washington. The Washington Post reported on Tuesday, July 23, 2019, that the Federal Trade Commission will allege that Facebook misled users about its privacy practices as part of an expected settlement.(AP Photo/Alex Brandon, File)
July 23, 2019 - 6:29 pm
WASHINGTON (AP) — The Latest on U.S. regulation of technology companies (all times local): 6:25 p.m. The Justice Department says its new review of Big Tech's market power will delve into competition "in an objective and fair-minded manner." The agency says it wants to ensure that Americans have...
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FBI Director Christopher Wray testifies before the Senate Judiciary Committee on Capitol Hill in Washington, Tuesday, July 23, 2019. Wray's appearance before the committee could be something of a preview of the intense questioning special counsel Robert Mueller is likely to face in Congress the next day. (AP Photo/Susan Walsh)
July 23, 2019 - 1:19 pm
WASHINGTON (AP) — FBI Director Christopher Wray offered a lesson Tuesday in how to dodge questions about the special counsel's Russia investigation , offering a possible preview of what lawmakers can expect when Robert Mueller testifies to Congress. Wray, in an appearance before the Senate...
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