Corporate crime

US attorney David Anderson announces criminal spy charges against a San Francisco Bay Area tour operator Xuehua Edward Peng Monday, Sept. 30, 2019, in San Francisco. Xuehua Edward Peng, who operates tours for Chinese students and visitors, was charged with being an illegal foreign agent and delivering classified U.S. national security information to officials in China, U.S. government officials announced Monday. (AP Photo/Janie Har)
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September 30, 2019 - 8:20 pm
SAN FRANCISCO (AP) — A California tour operator charged by U.S. officials with illegally ferrying information to China was a quiet and friendly man with a taste for luxury cars, a neighbor said. Xuehua Edward Peng, 56, of Hayward was charged in documents unsealed Monday with being an illegal...
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FILE - In this Sept. 12, 2019 file photo, U.S. Rep. Chris Collins, R-N.Y., speaks to reporters as he leaves the courthouse after a pretrial hearing in his insider-trading case, in New York. Collins is resigning from his seat ahead of an expected guilty plea in an insider trading case in which he was accused of leaking confidential information during an urgent phone call made from a White House picnic. Collins submitted a resignation letter Monday, Sept. 30, 2019 according to a spokesman for House Speaker Nancy Pelosi. It will take effect when Congress meets in a brief session on Tuesday. (AP Photo/Seth Wenig, File)
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September 30, 2019 - 2:24 pm
NEW YORK (AP) — Rep. Chris Collins, a Republican congressman from western New York, is resigning from his seat ahead of an expected guilty plea in an insider trading case in which he was accused of leaking confidential information during an urgent phone call made from a White House picnic. Collins...
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FILE - In this Jan. 2, 2014 file photo, a Fiat logo pictured on a car in Milan, Italy. Fiat Chrysler has agreed to pay $40 million to settle a complaint by securities regulators that it misled investors by overstating monthly sales numbers. (AP Photo/Antonio Calanni, File)
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September 27, 2019 - 1:54 pm
DETROIT (AP) — Fiat Chrysler is paying $40 million to settle with U.S. securities regulators who say the automaker misled investors by overstating its monthly sales numbers over a five-year period. The Italian-American company inflated sales by paying dealers to report fake numbers from 2012 to...
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1010 WINS Newsroom
September 24, 2019 - 6:53 pm
NEW YORK (AP) — Data-measurement firm Comscore has settled fraud charges with the Securities and Exchange Commission and will pay a $5 million penalty. Its former CEO, Serge Matta, will also pay $700,000 and give Comscore back $2.1 million from his pay and sales of company stock. He is also barred...
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1010 WINS Newsroom
September 24, 2019 - 2:18 pm
DETROIT (AP) — Prosecutors on Tuesday unsealed criminal charges in an investigation of Fiat Chrysler diesel vehicles, accusing an engineer of cheating on pollution tests to get approval from U.S. and California regulators to sell more than 100,000 pickup trucks and SUVs. The alleged scheme is not...
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FILE - In this Monday, Jan. 14, 2019, file photo, Herbert Diess, CEO, Volkswagen AG, speaks during media previews for the North American International Auto Show in Detroit. German prosecutors say they have charged Volkswagen chief executive Herbert Diess and chairman Hans Dieter Poetsch, along with former CEO Martin Winterkorn, with market manipulation in connection with the diesel emissions scandal that erupted in 2015. (AP Photo/Paul Sancya)
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September 24, 2019 - 7:25 am
BERLIN (AP) — The Latest on the charges brought against Volkswagen's bosses (all times local): 1:25 p.m. Volkswagen's board of directors is convening to discuss the next steps in light of indictments against current CEO Herbert Diess and board chairman Hans Dieter Poetsch on charges of securities...
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FILE - In this May 23, 2019, file photo former Nissan chairman Carlos Ghosn, center, arrives at Tokyo District Court for a pre-trial meeting in Tokyo. Nissan has agreed to pay $15 million and its former chairman Carlos Ghosn is paying $1 million to settle federal regulators' civil fraud charges of hiding from investors more than $140 million in compensation and retirement benefits for Ghosn. (Ren Onuma/Kyodo News via AP, File)
1010 WINS Newsroom
September 23, 2019 - 8:03 pm
WASHINGTON (AP) — Nissan will pay $15 million and former chairman Carlos Ghosn will pay $1 million to settle allegations by U.S. regulators that they hid more than $140 million of Ghosn's retirement benefits from investors. The Securities and Exchange Commission announced Monday the settlement of...
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1010 WINS Newsroom
September 23, 2019 - 4:23 pm
NEW YORK (AP) — An investment banker whose insider trading conviction was overturned by an appeals court was convicted again at a second trial Monday by a jury that reached a speedy verdict. The Yale-educated Sean Stewart, 38, of North Merrick, was convicted of charges including securities fraud...
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House Judiciary Committee Chairman Jerrold Nadler, D-N.Y., leads his panel to approve guidelines for impeachment investigation hearings on President Donald Trump, on Capitol Hill in Washington, Thursday, Sept. 12, 2019. (AP Photo/J. Scott Applewhite)
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September 13, 2019 - 5:40 pm
WASHINGTON (AP) — Lawmakers investigating the market dominance of Big Tech on Friday asked Google, Facebook, Amazon and Apple for a broad range of documents, marking a step forward in Congress' bipartisan probe of the companies. Letters went out to the four companies from the leaders of the House...
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September 12, 2019 - 8:43 am
BRUSSELS (AP) — The European Union is prolonging sanctions against scores of Russian and Crimean officials as well as companies and groups accused of undermining Ukraine's sovereignty and independence. EU headquarters said in a statement Wednesday that asset freezes and travel bans against 170...
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