In the past ten years, the Department of Justice has brought more than 150 cases against large corporations under the Foreign Corrupt Practices Act (FCPA), … The Global Corporate Bribery NetworkRead more
Fraud
Posted inToMl / USA Empire
The Myth of White Meritocracy
The recent college admissions cheating scandal involving parents accused of committing bribery and fraud to get their children into elite schools raises two issues: the … The Myth of White MeritocracyRead more
Posted inAadhaar
Aadhaar racket: 2 accused involved in enrollment project
Two men from Bihar, who were arrested here recently for producing Aadhaar cards for illegal migrant labourers, had worked in the Aadhaar card enrolment project … Aadhaar racket: 2 accused involved in enrollment projectRead more
Posted inBank / Multimedia / ToMl
Barclays and Its Executives Are Charged With Conspiracy to Commit Fraud
Bill Black Sharmini Peries: It’s the Real News Network. I’m Sharmini Peries coming to you from Baltimore. In the UK on Tuesday Barkley’s Bank and … Barclays and Its Executives Are Charged With Conspiracy to Commit FraudRead more
Posted inFacebook / News
Facebook Made a Lot of Money Tricking Children
A trove of hidden documents detailing how Facebook made money off children will be made public, a federal judge ruled last week in response to … Facebook Made a Lot of Money Tricking ChildrenRead more
Posted inBank / News
JPMorgan to Pay $920 Million Fine for London Whale Debacle
The financial giant JPMorgan Chase has agreed to pay $920 million in fines to U.S. and British regulators for the so-called “London Whale” trades that … JPMorgan to Pay $920 Million Fine for London Whale DebacleRead more
Posted inGoogle / News / Tax
Google shifted $23 billion to tax haven Bermuda in 2017
Google moved 19.9 billion euros (17.9 billion pounds) through a Dutch shell company to Bermuda in 2017, as part of an arrangement that allows it … Google shifted $23 billion to tax haven Bermuda in 2017Read more
Posted inBank / News
Former Credit Suisse bankers arrested in London over ‘$2bn fraud scheme’
Three former Credit Suisse bankers have been arrested in London on US charges that they conspired in a $2bn (£1.6bn) loan scheme that allegedly saw … Former Credit Suisse bankers arrested in London over ‘$2bn fraud scheme’Read more
Posted inBank / News
Former JPMorgan Employees Charged for Hiding “London Whale” Losses
New York prosecutors have unveiled charges against two former employees of the banking giant JPMorgan Chase for the so-called “London Whale” trades that cost the … Former JPMorgan Employees Charged for Hiding “London Whale” LossesRead more
Posted inFinance / News
Hedge Fund Giant SAC Accused of Securities, Wire Fraud
Federal prosecutors have unveiled charges against the hedge fund giant SAC Capital Advisors for alleged securities and wire fraud. The indictment accuses SAC of enabling … Hedge Fund Giant SAC Accused of Securities, Wire FraudRead more