Search Results for: US Justice Department
FBI has lead in probe of 1.2 billion stolen Web credentials: documents
November 25th, 2015
A hacker who once advertised having access to user account information for websites like Facebook (FB.O) and Twitter (TWTR.N) has been linked through a Russian email address to the theft of a record 1.2 billion Internet credentials, the FBI ...
Head of Hong Kong-based brokerage Guotai is missing
November 24th, 2015
Head of Hong Kong-based brokerage Guotai Junan International ‘missing’ in case linked to probe of CSRC vice-chairman Shares hammered, closing down more than 12 per cent, after company says it has been unable to contact chairman since Wednesday The ...
American Express sued for Billions in penalties
November 23rd, 2015
San Francisco sues American Express for billions in penalties, restitution for merchants San Francisco City Attorney Dennis Herrera is suing American Express Company (NYSE: AXP) in a statewide consumer protection action over anti-competitive and illegal merchant restraints alleged to ...
U.S. probes Bosch in VW cheating scandal
November 20th, 2015
U.S. authorities are investigating German auto supplier Robert Bosch GmbH over its role in Volkswagen AG’s (VOWG_p.DE) massive scheme to cheat U.S. emission standards, according to people familiar with the matter. Federal prosecutors with the U.S. Department of ...
CFTC charges IB Capital FX and agents for Forex Trading case
November 17th, 2015
The U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement Complaint charging Defendants IB Capital FX, LLC (a/k/a IB Capital FX LLP) d/b/a IB Capital (IB Capital), Michel Geurkink, and Emad Echadi, individually and as the agents of IB Capital, with soliciting and accepting ...
IRS: Offshore Compliance Programs Generate $8 Billion
November 16th, 2015
With more than 54,000 taxpayers coming in to participate in offshore disclosure programs since 2009, the Internal Revenue Service today reminded U.S. taxpayers with undisclosed offshore accounts that they should strongly consider existing paths established to come into full ...
CFTC Releases Annual Enforcement Results for Fiscal Year 2015
November 9th, 2015
Agency Filed 69 Enforcement Cases and Achieved a Record $3.14 Billion in Civil Monetary Penalties Ordered The U.S. Commodity Futures Trading Commission (CFTC) today released the agency’s enforcement results for fiscal year (FY) 2015, which included a record $3.144 ...
Former Rabobank traders convicted in U.S. over Libor rigging
November 9th, 2015
A federal jury found two former traders at Rabobank guilty of fraud on Thursday in the first U.S. trial arising from a global investigation into manipulation of Libor, the leading benchmark for pricing financial transactions around the world. ...
New York investigating Exxon over climate statements: source
November 6th, 2015
The New York attorney general has launched an investigation into whether Exxon Mobil Corp (XOM.N) misled the public and shareholders about the risks of climate change. Attorney General Eric Schneiderman subpoenaed the company on Wednesday evening, demanding extensive financial ...
Commodities Trader Found Guilty in ‘Spoofing’ Case
November 4th, 2015
Michael Coscia faces up to 25 years in prison with sentencing scheduled for March A Chicago jury found a New Jersey-based commodities trader guilty of 12 counts of fraud and manipulating the futures market on Tuesday in a major ...
