Search Results for: Fraud
Hong Kong: Two solicitors engaged in fraud
January 18th, 2016
Court finds two solicitors engaged in insider dealing and fraud or deception The Court of First Instance today found that two solicitors, Mr Eric Lee Kwok Wa and Ms Betty Young Bik Fung, and Eric Lee’s sister, Ms Patsy ...
Former Brisbane financial advisor jailed after pleading guilty to fraud charges
January 18th, 2016
The Australian Securities and Investment Commission (ASIC), the financial regulator of Australia, has issued a announcemnet to inform that: Following an ASIC investigation, Mr Thanh Tu, 38 years old, formerly of Forestdale, Brisbane, has today been sentenced to nine-and-a-half ...
SEC Charges 11 Bank Officers and Directors With Fraud
January 14th, 2016
The Securities and Exchange Commission today announced fraud charges against 11 former executives and board members at Superior Bank and its holding company involved in various schemes to conceal the extent of loan losses as the bank was faltering ...
Spain’s Princess Cristina to go on trial for fraud
January 11th, 2016
Spain’s Princess Cristina is due to appear in court on fraud charges – the first member of the country’s royal family to be put on trial. She is charged with being an accomplice in an alleged embezzlement scam involving ...
Apple ‘to pay €318m’ to settle Italy tax fraud case
December 30th, 2015
Apple’s Italian subsidiary has agreed to pay €318m (£235m; $348m) following an investigation into tax fraud allegations, Italy’s tax office says. Italy’s tax authorities say the company failed to pay €880m in tax between 2008 and 2013, according to ...
Former R.B.S. Bond Trader Pleads Guilty to Securities Fraud
December 22nd, 2015
A former top trader at the Royal Bank of Scotland pleaded guilty in federal court in Connecticut on Monday to one count of conspiracy to commit securities fraud as part of the government’s investigation into Wall Street bond sales ...
CFTC fined individual for $1.9 Million on customer funds fraud
December 14th, 2015
The U.S. Commodity Futures Trading Commission (CFTC) today announced that the Honorable Harry D. Leinenweber of the U.S. District Court for the Northern District of Illinois entered a Consent Order for permanent injunction against Thomas Gillons, who resides in Napa County, ...
ASIC permanently bans insurance broker convicted of fraud
December 8th, 2015
ASIC has permanently banned Mr Mark Chapple from providing financial services after he was convicted of fraud in the NSW Magistrates Court (Tamworth). In May 2015, Mr Chapple pleaded guilty to four counts of obtaining money by deception and four ...
BCSC panel issues lifetime ban against B.C. man for fraud
December 3rd, 2015
A British Columbia Securities Commission (BCSC) panel has fined and permanently banned Rodney Jack Wharram from the province’s capital markets for fraud. In February 2015, the panel found that Wharram, West Karma Ltd. and the Falls Capital Corp. committed fraud when ...
Rolls-Royce calls in top law firm to deal with fraud investigation
November 17th, 2015
The engine maker’s decision to bring in Slaughter and May underlines seriousness of allegations Rolls-Royce has called in a leading law firm to help it deal with bribery allegations and a Serious Fraud Office (SFO) investigation. Slaughter and May has ...
