Search Results for: EU Court
Xetra-Gold holdings rise by more than 50 per cent since the beginning of the year
August 16th, 2016
The gold held in custody by Deutsche Börse Commodities GmbH for the purpose of physically backing the Xetra-Gold bond has risen to a new record high of 90.67 tons, an increase of more than 50 per cent since the ...
PwC must face MF Global lawsuit over accounting advice
August 8th, 2016
A US Judge has given the go-ahead for a $1bn lawsuit against PwC over claims the firm provided bad accounting advice which contributed to the 2011 collapse of MF Global. MF Global and its parent company, MF Global Holdings Ltd, collapsed ...
Luxembourg Appealing ‘LuxLeak’ Sentences
August 5th, 2016
Luxembourg’s state prosecutor has begun an appeal against the verdict at the recent “LuxLeaks” trial, arguing the sentences handed down by the court were too lenient. Earlier this year, Antoine Deltour and Raphael Halet, both former employees at advisory ...
Pokemon Go craze sparks legal action in the US
August 2nd, 2016
Pokemon may be the craze of the moment, but not everyone is so keen to catch ‘em all. A US man has filed legal action against Niantic, who made the game, and Nintendo, because he claims players are coming to ...
3 ex-bankers jailed over Ireland’s biggest accounting fraud
August 1st, 2016
Three former senior bankers were sent to prison Friday for their roles in concealing the loss of billions in deposits at the defunct Anglo Irish Bank, the biggest accounting fraud in Irish corporate history. Judge Martin Nolan told the ...
Police in India nab “3gcoin cryptocurrency” head
July 29th, 2016
Reacting to a complaint lodged by a victim, who was working in a reputed software company that the agents of “3gcoin cryptocurrency” lured him to invest in Virtual mining firm having their website with URL:www.3gcoin.eu by offering 180 times returns ...
IMF Managing Director Christine Lagarde will stand a trial for negligence
July 25th, 2016
International Monetary Fund Managing Director Christine Lagarde will stand trial for alleged negligence after France’s highest court on Friday rejected an appeal from the former finance minister. Ms. Lagarde is charged with negligence for her role in settling a long-running legal ...
The man behind the world’s biggest online illegal film site arrested
July 21st, 2016
US officials plan to charge the Ukrainian owner of the Web’s “most visited” piracy site, Kickass Torrents. The site distributes $1 billion worth of illegally copied content and is the world’s 70th most popular site. Attorneys for the US ...
A paper trail links online traders to tax havens
July 21st, 2016
A paper trail that runs from Okinawa to Canada and from Israel to Italy and France links some unauthorized online traders on the blacklist of Japan’s financial regulator to offshore companies in tax havens, an analysis of files leaked ...
Two top HSBC currency traders charged in forex probe
July 21st, 2016
A top HSBC executive has been charged with fraud in the US. Mark Johnson, HSBC’s global head of foreign exchange trading was arrested on Tuesday night. A former colleague, Stuart Scott, has also been charged. The two traders are ...
