Fraud and false statements
Prosecutors search Deutsche Bank HQ in money laundering investigation
A logo stands on display above the headquarters of Deutsche Bank AG at the Aurora Business Park in Moscow, Russia. Andrey Rudakov | Bloomberg | Getty Images Prosecutors, federal police and other officials searched Deutsche Bank’s headquarters in Frankfurt on Friday in a move Germany’s largest lender said was linked to suspicions of money laundering it […]
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Archegos owner Bill Hwang, former CFO Patrick Halligan charged with fraud
Archegos Capital Management owner Bill Hwang and its former chief financial officer, Patrick Halligan, were arrested Wednesday in connection with the implosion of the family office last year. The men are expected to appear in Manhattan federal court later Wednesday, and are being charged with racketeering conspiracy, securities fraud and wire fraud, according to a […]
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DOJ announces $150 million in Covid health fraud, bogus vaccination prosecutions nationwide
Signage is seen at the United States Department of Justice headquarters in Washington, D.C., August 29, 2020. Andrew Kelly | Reuters The U.S. Department of Justice on Wednesday announced criminal charges against two people in California in a scheme that allegedly made $144 million in false and fraudulent health claims to federal programs for unnecessary […]
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Sanctioned Russian bank founder Oleg Tinkov condemns ‘insane’ Ukraine war, calls on West to give Putin face-saving exit
Russian business tycoon Oleg Tinkov attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia, June 7, 2019. Maxim Shemetov | Reuters Sanctioned Russian digital bank founder Oleg Tinkov on Tuesday blasted his nation’s “insane” war against Ukraine and called on Western nations to give Russia’s leader Vladimir Putin “a clear exit to […]
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2 men accused of impersonating DHS agents hit with weapons charges in new indictment
Arian Taherzadeh, sketch from detention hearing for the two men charged with impersonating DHS agents. Source: Bill Hennessy Two Washington, D.C., men accused of impersonating federal agents were hit with weapons charges Tuesday in a new grand jury indictment. The men, Arian Taherzadeh, 40, and 35-year-old Haider Ali, previously were charged in a criminal complaint […]
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Fintechs are under pressure to stop Russian sanctions evasion. This start-up raised $94 million to help
Fintechs have come under increased pressure to address Russian sanctions evasion, particularly amid concerns that their controls may be more lax than that of banks. Kirill Kudryavtsev | Afp | Getty Images LONDON — Seon, a start-up that helps fintech companies like Revolut tackle online fraud, has raised $94 million to develop new tools for […]
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Ex-Goldman banker Roger Ng convicted in U.S. court in 1MDB case
Roger Ng, a former banker for Goldman Sachs Group Inc., left, exits from federal court in the Brooklyn borough of New York, U.S., on Monday, May 6, 2019. Wes Bruer | Bloomberg | Getty Images Former Goldman Sachs banker Roger Ng was convicted by a U.S. jury on Friday of corruption charges related to his […]
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White House Secret Service personnel ‘compromised’ by men impersonating DHS agents, prosecutors say
Evidence photos regarding Taherzadeh and Ali impersonating Federal Agents submitted by the D.O.J. Two men charged with impersonating Homeland Security agents “compromised” Secret Service personnel assigned to protect first lady Jill Biden and the White House by “lavishing” them with gifts that included rent-free apartments, prosecutors said Friday as they asked a federal judge to […]
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Manhattan DA says Trump criminal investigation continues despite two prosecutors quitting
Former U.S. President Donald Trump speaks during a rally at Florence Regional Airport in Florence, South Carolina, U.S., March 12, 2022. Randall Hill | Reuters The Manhattan district attorney, in an unusual statement Thursday, sought to assure the public that his criminal investigation of former President Donald Trump and the Trump Organization is continuing despite […]
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Man accused of impersonating DHS agent offered one of Jill Biden’s Secret Service agents an assault rifle, court records say
Arian Taherzadeh seen in photos submitted in a D.O.J. affidavit. Courtesy: D.O.J One of two men criminally charged with impersonating federal law enforcement agents in Washington, D.C., offered to give an assault rifle worth $2,000 to a U.S. Secret Service agent who was assigned to the protective detail of first lady Jill Biden, a court […]
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